CLARITY Act Update: It Looks Like the Banks Are Still Winning
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
The CLARITY Act is moving forward, with a hearing and markup scheduled, and some outlets are reporting that it has cleared a Senate hurdle. However, there are differing views on who is benefiting from the act's progress, with some suggesting the banks are still winning and others indicating the crypto industry has scored a win. The act's fate remains uncertain as it approaches a potential vote ahead of a recess deadline.
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