Senate Banking postpones crypto CLARITY Act vote after opposition

A committee vote on the long-awaited cryptocurrency market structure legislation was postponed on Wednesday night after a late-night policy debate between members and big names in the industry pulling support from the critical CLARITY Act led to a delay.

The vote to get the bill passed through the Senate Banking Committee was scheduled for Thursday.

Despite the setback, Senate Banking Chairman Tim Scott, R-S.C., remains optimistic that the bill will eventually cross the finish line. Congress’s top banking leader sat down with Fox News Digital…

Source link