Clarity Act Stalls in Senate
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Bitcoin, crypto stocks and digital assets slipped as Wall Street braced for two major Washington decisions.
As the parties dig in their heels, the market structure bill hasn't yet amassed the votes it would need to clear the first Senate hurdle scheduled for Tuesday.
A procedural motion to advance the Clarity Act failed on Tuesday.
Sen. Thom Tillis immediately filed a motion to reconsider, keeping alive a procedural path for the Senate to revisit the CLARITY Act.
Clarity Act will have 'large positive impact' on crypto and global economy, Ethereum co-founder says
Ethereum co-founder and MetaMask Chairman and CEO Joe Lubin discusses the impact of the Clarity Act on cryptocurrency and the economy and MetaMask's protections against crypto scams on 'Varney & Co.'
In an interview with CNBC, Bitwise CIO Matt Hougan stated that clearer rules defining the SEC and CFTC’s roles could encourage more Wall Street investment in crypto.
SEC Chair Atkins backed the CLARITY Act but confirmed the agency's crypto rulemaking agenda proceeds regardless of Tuesday's Senate vote.