Three US senators oppose CLARITY Act on ethics grounds with vote expected soon

CoinTelegraph·

Three US senators oppose CLARITY Act on ethics grounds with vote expected soon

60-second summary

Three US senators have expressed opposition to the CLARITY Act on ethics grounds, casting uncertainty over its passage. Senate Majority Leader John Thune has announced a vote is expected soon, possibly before August 10, but it's unclear if the bill has enough Democratic support to pass, potentially stalling crypto market reform efforts.

Senate Majority Leader John Thune reportedly said the chamber will consider a vote on the crypto market structure bill before Aug. 10, though it’s unclear whether it has enough Democratic support to pass.