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Updated CLARITY Act Draft May Be Released as Soon as Next Week, Unresolved Issues Remain

Source
JH Kim

Summary

  • The U.S. Congress could release an updated version of the CLARITY Act, a market structure bill for digital assets, as soon as next week.
  • CoinDesk reported that the new draft may be unveiled early next week and could be discussed in the Senate later this month.
  • The revised bill includes an agreement between the Senate Banking Committee and the Senate Agriculture Committee, but unresolved issues remain, including ethics concerns raised by Senate Democrats.

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The U.S. Congress could release an updated draft of the CLARITY Act, a market structure bill for digital assets, as soon as next week.

CoinDesk reported on July 9, citing industry sources, that the new draft may be unveiled early next week and could be discussed in the Senate later this month.

The revised bill is set to include provisions agreed to by the Senate Banking Committee and the Senate Agriculture Committee.

Unresolved issues remain, however, including ethics concerns raised by Senate Democrats, the report said.

Photo: Shutterstock
Photo: Shutterstock
#Crypto Regulation
#Macroeconomy
#Policy
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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