CLARITY Act Talks Resume as 7 Democrats Seek Revival
6 Articles
6 Articles
CLARITY Act talks resume as 7 Democrats seek revival
Seven Senate Democrats have reopened negotiations over the CLARITY Act after the chamber rejected cloture in a 49-50 vote, leaving the crypto market structure bill 11 votes short of the 60 required to begin debate. Coinme CEO and co-founder Neil…
Kevin O'Leary said the Clarity Act should return to the Senate early next year, after the vote that fell below 60 votes.
Key points of the news: Seven Democratic senators assured that the backlash of the CLARITY Act does not mean the end of the process and promised to continue the bipartisan negotiations after a 49-50 vote. Legislators highlighted consumer protection, regulatory certainty and ethical standards, while industry representatives stated that consumer protection, regulatory certainty, ... Read more
Update for XRP Army: These Seven Senate Democrats Are Ready to Pass CLARITY Act
Former Fox Business journalist Eleanor Terrett recently revealed that seven Senate Democrats are “committed to working in a bipartisan fashion” to pass the CLARITY Act. The group includes Senators Gillibrand, Warner, Gallego, and Alsobrooks. Three sources familiar with the discussions told Terrett that both sides are already gauging appetite for returning to the table before the […]
Eleanor Terrett Confirms Senate Democrats’ Commitment
Eleanor Terrett reports that a coalition of seven Senate Democrats, including Kirsten Gillibrand and Mark Warner, is committed to bipartisan efforts to advance the Clarity Act. This announcement signals a renewed push to restart discussions on the bill before the end of the year, which could...
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