CorticorpNews
Back to Finance
2 photos

Updated

The Clarity Act, a closely watched crypto market-structure bill, faces a pivotal Senate vote scheduled for Tuesday by Majority Leader John Thune. The crypto industry has pushed hard for passage, viewing the legislation as critical to establishing clearer regulatory rules for digital assets. Ahead of the preliminary vote, Sen. Elizabeth Warren announced she would take to the Senate floor to attack a Trump-backed ethics proposal attached to the bill, calling it a 'weak fig leaf' designed to obscure conflicts of interest rather than address them. Her planned opposition signals continued Democratic resistance to the bill's current form and adds uncertainty to its path through the Senate.