The CLARITY Act has encountered a new Senate dispute over vertical integration rules ahead of its Sep. 15 cloture vote, which requires 60 votes to advance the crypto market structure bill.
Summary
- Democrats want regulators to set conflict-of-interest standards for vertically integrated crypto companies.
- Republicans support safeguards but fear a future administration could misuse the proposed authority.
- Senators Cory Booker, Cynthia Lummis, and John Boozman are negotiating the provision.
- Polymarket traders give the bill a 17% chance of becoming law in 2026.
CLARITY Act negotiations focus on vertical integration
Politico reported on Sep. 10 that Senate Democrats…
