Summary
- A U.S. senator said she has reaffirmed the intent to pass the 'Clarity Act,' a crypto-asset market structure bill, within the year.
- Cynthia Lummis said she has prepared solutions to key sticking points related to the stablecoin yield structure.
- She added that negotiations over decentralized finance (DeFi) regulation have effectively entered the final stage.
Forecast Trend Report by Period
A U.S. senator reaffirmed the intent to pass the 'Clarity Act,' a crypto-asset market structure bill, within the year.
According to Eleanor Terrett, host of Crypto in America, on the 18th (local time), Senator Cynthia Lummis of Wyoming said, "No matter what happens, we will finalize this legislation by the end of this year," adding that "the legislative timeline is proceeding as planned."
She explained that solutions have been prepared for key sticking points related to the stablecoin yield structure.
She also added that negotiations over decentralized finance (DeFi) regulation have effectively entered the final stage.
The remarks suggest that, even as concerns have recently surfaced about potential delays in passing the bill, momentum within Congress to move the legislation forward this year remains intact.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
