Summary
- The US Senate is set to decide the fate of the CLARITY Act in a week.
- The CLARITY Act would reorganize the regulatory framework for the US digital-asset market and clarify oversight authority between the SEC and the CFTC.
- The Senate's decision stands to be a key turning point for the CLARITY Act's future legislative process and the establishment of a US digital-asset regulatory framework.
Forecast Trend Report by Period
The US Senate is set to decide the fate of the CLARITY Act, a market structure bill for digital assets, in a week.
Cointelegraph reported on September 8 that the Senate is scheduled to vote on the CLARITY Act on September 15.
The CLARITY Act would reorganize the regulatory framework for the US digital-asset market and clarify oversight authority between the Securities and Exchange Commission and the Commodity Futures Trading Commission.
The Senate's decision stands to be a key turning point for the bill's legislative path and for the establishment of a US regulatory framework for digital assets.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.