Despite the ongoing record-breaking government shutdown in the US, bipartisan Senate negotiations have accelerated to finalize the CLARITY Act, a significant cryptocurrency market regulation bill. Led by key Senate committees, lawmakers aim to establish a clear regulatory framework for digital assets before election-related delays arise. While progress is underway, some lawmakers call for further hearings and caution on rushing legislation. The shutdown continues to disrupt federal services, but crypto-related discussions remain active, fueled by industry engagement and Congressional efforts. Prediction markets currently estimate only a 25% chance of the CLARITY Act passing in 2024, reflecting political uncertainties.
Continue to read US Senators Intensify Efforts to Finalize Crypto Regulation Amid Historic Government Shutdown
Despite the ongoing record-breaking government shutdown in the US, bipartisan Senate negotiations have accelerated to finalize the CLARITY Act, a significant cryptocurrency market regulation bill. Led by key Senate committees, lawmakers aim to establish a clear regulatory framework for digital assets before election-related delays arise. While progress is underway, some lawmakers call for further hearings and caution on rushing legislation. The shutdown continues to disrupt federal services, but crypto-related discussions remain active, fueled by industry engagement and Congressional efforts. Prediction markets currently estimate only a 25% chance of the CLARITY Act passing in 2024, reflecting political uncertainties.
Continue to read US Senators Intensify Efforts to Finalize Crypto Regulation Amid Historic Government Shutdown
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