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Scott Unveils Crypto Clarity Act to Bring Transparency to Industry

Guavy AI Editorial Team Published August 6, 2026

Sen. Tim Scott has been working on the Crypto Clarity Act, aiming to bring transparency and regulation to the crypto industry.

The legislation is intended to address concerns around consumer protection, anti-money laundering (AML), and know-your-customer (KYC) requirements.

Scott's office has been engaging with stakeholders to gather feedback and refine the bill.

No specific timeline or target for passage has been announced.

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