Crypto’s CLARITY Act faces partisan fight over ethics on Senate floor
CoinTelegraph·
60-second summary
The CLARITY Act, a crypto regulation bill, faces a contentious partisan fight on the Senate floor, with only two Democratic senators supporting the bill and no Democratic amendments adopted, despite Senator Tim Scott's claims of bipartisan cooperation. This partisan divide could hinder the bill's progress and impact crypto industry stability and growth.
While Senator Tim Scott touted yesterday’s markup as bipartisan, just two Democratic senators supported the bill, and no Democratic amendments were adopted.