Crypto's great hope in Senate's Clarity Act still has a path to survive tight calendar
CoinDesk
The Senate's Clarity Act faces legislative delays, but industry insiders remain hopeful for a path to passage before the November midterms.Summary
The Digital Asset Market Clarity Act is facing significant delays due to ongoing debates regarding stablecoin yield programs and concerns from the banking sector. While the legislative calendar is shrinking ahead of the November congressional midterms, supporters and lobbyists suggest that a committee hearing in May could keep the bill viable. If the Senate Banking Committee approves the measure, it must still be reconciled with the Senate Agriculture Committee version and secure broad bipartisan support, all while navigating a crowded legislative agenda and potential presidential conditions.
(Source：CoinDesk)