đ„Senate Republicans drop their "Last, Best, and Final Offer" by updating the text of the âClarity Actâ before Tuesdayâs cloture vote đ $BR $REZ $BTW
Led by Senator Cynthia Lummis, the revised 630-page draft incorporates over 114 to 120 modifications requested by Democratic colleagues in a last-minute push to clear the chamber's 60-vote filibuster-proof threshold.
The bill đžrevises DeFi provisions in the Blockchain Regulatory Certainty Act and narrows Bank Secrecy Act protections. đžNarrows certain digital asset protections and tightens rules on vertical integration and related-party transactions. đžA stablecoinâyield âcircuit breakerâ is under discussion to shield community banks.
Led by Senator Cynthia Lummis, the revised 630-page draft incorporates over 114 to 120 modifications requested by Democratic colleagues in a last-minute push to clear the chamber's 60-vote filibuster-proof threshold.
The bill đžrevises DeFi provisions in the Blockchain Regulatory Certainty Act and narrows Bank Secrecy Act protections. đžNarrows certain digital asset protections and tightens rules on vertical integration and related-party transactions. đžA stablecoinâyield âcircuit breakerâ is under discussion to shield community banks.
