Senate Delays Crypto CLARITY Act Vote Until September
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The U.S. Senate has postponed a vote on the Digital Asset Market Clarity Act (CLARITY Act) until September due to lack of Democratic support and outstanding issues. The bill aims to establish a federal framework for digital asset markets and clarify regulatory oversight between the SEC and CFTC. Senate Majority Leader John Thune confirmed the delay, citing Democratic opposition, and expressed plans to prioritize the bill upon senators' return.
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