Ripple CLO Stuart Alderoty says the Clarity Act could unlock a multi-trillion dollar US crypto market.
Summary
- The Senate Banking Committee advanced the Clarity Act 15-9 on May 14, with two Senate Democrats voting yes despite Elizabeth Warren’s opposition.
- Ripple CLO Stuart Alderoty called it a “monumental outcome” and cited 67 million American crypto holders as the constituency the bill protects.
- The bill still needs 60 Senate floor votes, two committee reconciliations and Trump’s signature before it becomes law.
The Senate Banking Committee advanced the Clarity Act 15-9 on May 14, a bipartisan result that lifts the Digital Asset Market Clarity Act toward a…
