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Senate Banking Committee Marks Up Clarity Act

Senate Banking Committee Marks Up Clarity Act

Published 1 week, 5 days ago
Description

Senators to Debate Crypto Market Rules: The Senate Banking Committee is set to discuss the Digital Asset Market Clarity Act on Thursday, with twenty-four senators reviewing dozens of amendments and voting on sending it to the full Senate. The bill, which includes stablecoin yields language, faces challenges from bankers and a potential ethics clause. The hearing marks a significant step towards clarifying crypto market rules.

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