Senate crypto bill faces midterm deadline pressure
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The senate crypto bill, known as the CLARITY Act, is facing a deadline, with reports suggesting it has between 14 and 20 days to pass. The bill's progress is reportedly being threatened by senate gridlock, bank pressure, and opposition from the White House, Treasury, and SEC. If the bill does not pass, it may be delayed until 2030, although the exact consequences for the crypto market are unclear.
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