US Senate to Decide CLARITY Act's Fate on Sept. 15
Summary
- The U.S. Senate is set to decide the fate of the CLARITY Act in a week.
- The CLARITY Act would revamp the regulatory framework for the U.S. digital-asset market and clarify oversight authority between the SEC and the CFTC.
- The Senate's decision stands to be a key turning point for the CLARITY Act's legislative path and for the establishment of a U.S. digital-asset regulatory framework.
Forecast Trend Report by Period
The U.S. Senate is due to decide the fate of the CLARITY Act, a market-structure bill for digital assets, on Sept. 15.
Cointelegraph reported on Sept. 8 that the Senate is scheduled to vote on the CLARITY Act on Sept. 15.
The CLARITY Act would revamp the regulatory framework for the U.S. digital-asset market and clarify oversight authority between the Securities and Exchange Commission and the Commodity Futures Trading Commission.
The Senate's decision stands to mark a key turning point for the bill's legislative path and for the establishment of a U.S. digital-asset regulatory framework.
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