Crypto Industry Awaits CLARITY Act Progress

[madmax]

The crypto sector is closely watching the Senate’s push for a crypto market structure bill, often referred to as the CLARITY Act, which would define how the SEC and CFTC regulate digital assets. Drafts from the Senate Banking and Agriculture Committees have faced delays as lawmakers try to secure bipartisan support.

The draft bills have already sparked controversy — restrictions on stablecoin yields and DeFi practices led Coinbase to withdraw support, delaying the markup. Lawmakers are expected to revise both versions before merging them for a final Senate vote.

[tradelikepro]

clarifying crypto regs under trump = big move. sec + cftc finally talking instead of fighting.