#bessentendorsesfinalclarityactdraft
šØ U.S. Treasury Secretary Scott Bessent backs the final Senate draft of the CLARITY Act.
Thatās a notable signal for the crypto industry ā but the real test is still the vote.
The revised draft reportedly includes 126 changes requested by Democrats, along with provisions covering consumer protection, developer safe harbors and regulatory oversight.
But hereās the important part š
Support isnāt the same as passage. The bill still needs 60 Senate votes to advance, and political opposition remains.
For traders, todayās procedural vote could be the bigger catalyst. Bitcoin and major crypto assets have already been under pressure as the market weighs the uncertainty.
If the CLARITY Act clears the Senate, it could be a major step toward clearer U.S. crypto rules.
Do you think it gets the 60 votes this time?
#CLARITYAct #CryptoRegulation #Bitcoin #Crypto #CryptoNews
šØ U.S. Treasury Secretary Scott Bessent backs the final Senate draft of the CLARITY Act.
Thatās a notable signal for the crypto industry ā but the real test is still the vote.
The revised draft reportedly includes 126 changes requested by Democrats, along with provisions covering consumer protection, developer safe harbors and regulatory oversight.
But hereās the important part š
Support isnāt the same as passage. The bill still needs 60 Senate votes to advance, and political opposition remains.
For traders, todayās procedural vote could be the bigger catalyst. Bitcoin and major crypto assets have already been under pressure as the market weighs the uncertainty.
If the CLARITY Act clears the Senate, it could be a major step toward clearer U.S. crypto rules.
Do you think it gets the 60 votes this time?
#CLARITYAct #CryptoRegulation #Bitcoin #Crypto #CryptoNews
