Senate Advances CLARITY Act to Create Federal Crypto Rulebook

3D digital render of the US Capitol building with a glowing CLARITY Act rulebook surrounded by floating Bitcoin, Ethereum, and XRP coins, symbolizing new US crypto regulations and SEC-CFTC jurisdiction.

WASHINGTON — U.S. Senate Majority Leader John Thune moved on Saturday to advance the CLARITY Act, a landmark piece of legislation intended to establish the first comprehensive federal regulatory framework for the cryptocurrency industry. The move, which occurred just before the chamber entered its August recess, marks a critical step toward resolving years of jurisdictional … Read more