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THE BIGGEST CRYPTO POWER PLAY JUST HIT THE SENATE
Senator Cynthia Lummis just released the final Clarity Act text ahead of Tuesday's 60-vote Senate vote. 14
Wall Street giants like BlackRock and Fidelity pushed Senate leaders to establish a permanent federal rulebook before elections close.
Key compromises broke the deadlock:
Trump Ethics Deal: Donald Trump agreed to
strict ethics bans on personal crypto trading for federal officials, enforced by State Attorneys General.
Developer Shield: Shielded coders from
money transmitter licensing, leading police groups to drop opposition.$
Bank Circuit Breaker: Gave Treasury
emergency power to freeze stablecoin runs, protecting regional banks.
Retail Protection: Barred crypto exchanges from secretly teaming up to trade against retail customers.
Republicans need 7 Democrats to break the 60-vote filibuster on Tuesday after accepting 126 Democratic demands.
Will 7 Democrats vote yes on Tuesday?
THE BIGGEST CRYPTO POWER PLAY JUST HIT THE SENATE
Senator Cynthia Lummis just released the final Clarity Act text ahead of Tuesday's 60-vote Senate vote. 14
Wall Street giants like BlackRock and Fidelity pushed Senate leaders to establish a permanent federal rulebook before elections close.
Key compromises broke the deadlock:
Trump Ethics Deal: Donald Trump agreed to
strict ethics bans on personal crypto trading for federal officials, enforced by State Attorneys General.
Developer Shield: Shielded coders from
money transmitter licensing, leading police groups to drop opposition.$
Bank Circuit Breaker: Gave Treasury
emergency power to freeze stablecoin runs, protecting regional banks.
Retail Protection: Barred crypto exchanges from secretly teaming up to trade against retail customers.
Republicans need 7 Democrats to break the 60-vote filibuster on Tuesday after accepting 126 Democratic demands.
Will 7 Democrats vote yes on Tuesday?