Episode Details
Back to Episodes
Senate Passes Crypto Market Structure Bill with Bipartisan Support
Description
The Clarity Act, a significant crypto market structure bill, has passed the Senate Banking Committee with bipartisan support, paving the way for a full Senate vote. The bill, which includes seven amendments, has gained backing from both Democrats and Republicans, marking a significant milestone as no market structure bill has ever cleared this committee before. However, ethics rules and developer safeguards remain contentious issues, with banks and traditional finance groups stepping up their lobbying efforts. The bill must now be reconciled with the Agriculture Committees version, with President Trump aiming for it to reach his desk by July 4th.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/7e153921c2e28924