Key Highlights: Both the U.S. House of Representatives and the Senate are up for grabs as voters head to the polls this week. Republicans hold a 53-seat majority in the Senate, requiring Democrats to net four seats to claim outright leadership of the upper chamber. The Cook Political Report currently designates seven Senate contests across ...
Key Highlights: The defeat of the Clarity Act stalls long-sought comprehensive regulatory oversight for the cryptocurrency market after years of failed legislative attempts dating back to the Token Taxonomy Act of 2018. Legislative progress faces a critical reset ahead of the incoming Congress due to the retirements of key architects, including digital asset subcommittee chair ...
CLARITY Act Faces Critical Senate Vote Hurdle as Republican Senators Warn of Potential Failure The CLARITY Act, legislation designed to establish a comprehensive regulatory framework for the cryptocurrency market in the United States, encounters a significant obstacle ahead of a pivotal Senate procedural vote expected on September 15. Two Republican senators have signaled that the ...