In Clarity Act's final weeks, its path through U.S. Senate not getting much clearer

CoinDesk·

In Clarity Act's final weeks, its path through U.S. Senate not getting much clearer

60-second summary

Crypto lobbyists are actively working to secure a July vote for the Clarity Act in the U.S. Senate, despite ongoing negotiations in challenging areas. This week, they are flying in allies to bolster support. The bill's uncertain path has raised concerns among industry stakeholders, with a July vote still a possibility, potentially impacting the crypto market's trajectory and regulatory landscape.

Tough negotiations linger in several difficult arenas, but crypto's Washington lobbyists are flying in allies this week and still hoping for a July vote.