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In Clarity Act's final weeks, its path through U.S. Senate not getting much clearer (opens original article in a new tab)

TL;DR

The U.S. Senate's Clarity Act faces unresolved issues, including restrictions on government officials' crypto ties and DeFi liability protections, with industry leaders lobbying for its passage before the summer break.

  • The Clarity Act faces unresolved issues in the U.S. Senate, including restrictions on government officials' crypto ties and DeFi liability protections.
  • Crypto industry leaders are lobbying senators to advance the bill before the summer break, with a target floor vote in early July.
  • The bill's passage is uncertain due to political challenges, midterm election pressures, and competing legislative priorities.

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