Counting down the days: State of Crypto
CoinDesk·
60-second summary
The US Senate is on the verge of summer break, leaving a week to address its remaining priorities, with the fate of Clarity Act being one of them. Clarity aims to provide regulatory clarity for the crypto industry, but its passage is uncertain. Market players await a resolution, as uncertainty weighs on cryptocurrency prices and investor sentiment.
The Senate is going on its summer break in a week, leaving next to no time left to sort out its remaining priorities in August. And obviously, the fate of Clarity is one of those priorities.