CLARITY Act Nears Crucial Vote as Crypto Regulation Advances in US
The CLARITY Act is set to face its next hurdle on September 15th as it requires 60 votes in the Senate for discussions to begin.
Coinbase CEO Brian Armstrong said that the bill has gained sufficient support and is approaching the necessary threshold, with remaining disagreements centered around ethics provisions.
If passed, the CLARITY Act could potentially drive more institutional capital into the US crypto sector and support tokenized equity products.