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Crypto Bill Changes Unveiled Ahead of Expected Vote in Senate

Crypto Bill Changes Unveiled Ahead of Expected Vote in Senate

Sen. Cynthia Lummis (R-Wyo.) on Thursday released updated text for a major crypto regulation bill as the Senate plans to return to Washington next week.

The changes to the Clarity Act (H.R. 3633) include specifications around when certain decentralized finance protocols are required to register with the Commodity Futures Trading Commission, as well as new language on credit unions’ ability to deal in crypto.

The updated text does not appear to address Democrats’ concerns over ethics requirements, which was the major sticking point when an earlier version of the bill was released over the summer. This suggests the …

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