US Senate Prepares For Crypto Market Structure Bill Markup This Week — Here’s What to Expect
After months of negotiations involving both political parties, crypto industry representatives, and traditional banking sectors, the US Senate is preparing to mark up the crypto market structure bill, known as the CLARITY Act, this week. The text, expected to be released on Monday or Tuesday, will build on the House-passed Digital Asset Market Clarity Act. Key areas of focus include ethics rules for public officials in crypto, stablecoin rewards, and the treatment of decentralized finance (DeFi) concerning securities trading and illicit finance. Stakeholders also highlight the importance of provisions related to self-custody, software developer protections, and the Blockchain Regulatory Certainty Act. Despite optimism, disputes over key provisions could threaten the bill’s bipartisan support and potentially lead to delays.
bitcoinist01/13 05:04