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Tillis Pushes for Crypto Market Bill Vote
Description
Senator Thom Tillis is pushing for a Senate Banking Committee vote on the CLARITY Act, a crypto market structure bill, when senators return on May eleventh. The bill, which outlines regulatory oversight of digital assets, has faced delays due to endless tweaks and holdups, including a ban on crypto exchanges offering yields on stablecoins. Tillis has addressed most concerns and invited negotiations, but ethics rules and protections for software developers are non-negotiable. The bills text will be previewed for stakeholders and released publicly at least four days ahead, potentially breaking the stall and moving crypto rules toward reality.
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