“A Moonshot”: Clarity Act Ethics Text Under White House Review as Senate Recess Closes In
The Clarity Act, a bill concerning cryptocurrency regulation, is facing a tight deadline for Senate review before a scheduled recess. Ethics language for the bill is currently under White House review, with Senator Thom Tillis stating that passage before the break would be a "moonshot" unless the Senate delays its departure. Despite industry support, the bill's progress is hindered by ongoing negotiations and procedural hurdles.
- Entities
- Topic: Cryptocurrency Regulation
- Person: Tim Scott
- Company: Coinbase
- Topic: Legislation
- Person: Thom Tillis
- Person: Darline Graham
- Person: John Thune
- Person: Cynthia Lummis
- Topic: Ethics
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