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Crypto Bill Race Against Election Clock | Bitcoin and Crypto News
Description
Senate leaders race against time to pass the CLARITY Act before July’s election crunch, as President Trump’s veto threat over a voter ID bill hangs over the bill’s fate—requiring a two-thirds override if he blocks it. With Republicans holding a slim Senate majority and Democrats pushing for ethics safeguards tied to the Trump family’s crypto ties, lawmakers face mounting pressure to finalize contentious provisions like DeFi and illicit finance before the August recess, or risk delaying the bill until next year.
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