U.S. Senate puts off crypto Clarity Act for now as it focuses limited bandwidth elsewhere

CoinDesk·

U.S. Senate puts off crypto Clarity Act for now as it focuses limited bandwidth elsewhere

60-second summary

The U.S. Senate is delaying the Crypto Clarity Act, a policy effort for the crypto industry, as it prioritizes other bills. Senate Majority Leader is allocating limited floor time for unrelated legislation, pushing the crypto bill to the backburner.

The majority leader is pursuing floor time for unrelated bills as the crypto industry waits for its policy effort to get its chance for votes.