$TRUMP
🚨🇺🇸 A HUGE crypto bill could hit a wall in the U.S. Senate today...
The Senate is voting on whether to move forward with the Clarity Act, which would finally give digital assets clearer federal rules.
The crypto industry has spent hundreds of millions pushing for it, but the bill still needs 60 votes.
And there are 2 big problems.
Democrats want tougher rules stopping politicians from making money through crypto ventures, with Trump’s own crypto business part of that fight.
Banks worry stablecoins could pull money away from deposits and hurt lending.
So it all comes down to those 60 votes today.
If the bill falls short, Republicans may simply run out of time to save it before the elections.
Source: Reuters
#FedRateWatch
🚨🇺🇸 A HUGE crypto bill could hit a wall in the U.S. Senate today...
The Senate is voting on whether to move forward with the Clarity Act, which would finally give digital assets clearer federal rules.
The crypto industry has spent hundreds of millions pushing for it, but the bill still needs 60 votes.
And there are 2 big problems.
Democrats want tougher rules stopping politicians from making money through crypto ventures, with Trump’s own crypto business part of that fight.
Banks worry stablecoins could pull money away from deposits and hurt lending.
So it all comes down to those 60 votes today.
If the bill falls short, Republicans may simply run out of time to save it before the elections.
Source: Reuters
#FedRateWatch
