🇺🇸 U.S. Senate Banking Committee Approves CLARITY Act
The bipartisan-backed crypto bill passed the committee with 15 votes in favor and 9 against. The CLARITY Act aims to set the foundation for U.S. crypto $BTC regulation, including requirements for AML/KYC, suspicious activity monitoring, sanctions compliance, and audits of crypto companies.
Next step: merging bill versions and a full Senate vote. Republicans will need at least 7 Democratic votes to pass it.
This could finally bring long-awaited regulatory clarity to the U.S. crypto market.
#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#
imageBTC
The bipartisan-backed crypto bill passed the committee with 15 votes in favor and 9 against. The CLARITY Act aims to set the foundation for U.S. crypto $BTC regulation, including requirements for AML/KYC, suspicious activity monitoring, sanctions compliance, and audits of crypto companies.
Next step: merging bill versions and a full Senate vote. Republicans will need at least 7 Democratic votes to pass it.
This could finally bring long-awaited regulatory clarity to the U.S. crypto market.
#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#
imageBTC