U.S. Senate to hold vote on Clarity bill on the 15th… Industry expresses concerns it is "premature"
공유하기
Summary
- The U.S. Senate Banking Committee said it will push ahead with a vote on the virtual asset market structure bill (Clarity bill) on the 15th.
- Major issues such as the lack of bipartisan agreement and DeFi regulation remain, making the bill's passage uncertain.
- The virtual asset industry warned that a hastened vote could increase uncertainty in the investment environment.
The U.S. Senate Banking Committee will push ahead with a key vote on the virtual asset (cryptocurrency) market structure bill (the Clarity bill) on the 15th (local time). Because the schedule was set without a bipartisan agreement having been completed, there are concerns that the bill's passage itself could be derailed.
According to Decrypt on the 6th (local time), Tim Scott, chairman of the Senate Banking Committee, officially announced in an interview with Breitbart the day before that 'we will hold a vote on the market structure bill on Thursday the 15th.' He added, 'We have been constantly working, reviewing numerous drafts for over six months,' and emphasized, 'It is now time to put it on the record and vote.'
This vote is the required 'markup (draft review) vote,' a necessary step before the bill can move to the Senate floor. Whether it will pass is uncertain, because it is unknown whether a majority of the Senate Banking Committee will support the bill in its current form.
The virtual asset industry and lobbyists have shown reluctance to Chairman Scott's 'rush.' The Republican Party had originally set deadlines for consideration in July, October, and the end of last year, but these were repeatedly derailed.
Scott Johnson, general partner at Van Buren Capital, warned, 'If there is no bipartisan agreement, the markup hearing should be postponed,' adding, 'Otherwise even the slightest hope for the bill's passage could disappear.'
Salman Banai, legal counsel at Plum, also offered a pessimistic outlook, saying, 'Pushing ahead with a vote next week in the current state of negotiations means the likelihood of securing bipartisan support is very low.'
Negotiations between the two parties are still facing difficulties. According to the Republican final proposal for the Clarity bill obtained by Politico, unresolved issues remain, including public official ethics (restrictions on coin investments by the president and members of Congress), rules on stablecoin interest, and quorum requirements for regulatory agencies.
In particular, regulation of decentralized finance (DeFi) is seen as the biggest flashpoint. The Republican side is seeking protective measures that would exempt blockchain developers from regulation as illicit money transmitters, while Democrats strongly oppose this on the grounds of anti-money laundering (AML) and national security.
