Senate Democrats Hold Last-Minute Meeting on Clarity Act Ahead of Crucial Vote

Senate Democrats are holding a last-minute meeting to discuss the Clarity Act ahead of a crucial procedural vote scheduled for Tuesday.

The bill, which aims to establish a clearer framework for cryptocurrency markets, has been stalled due to disagreements among lawmakers.

A group of around 12 Democratic senators have spent months negotiating over the bill, but several key issues remain unresolved.

Among the sticking points is stricter conflict-of-interest restrictions, which Democrats are pushing for.

The Senate Banking Committee previously advanced the legislation in a bipartisan vote, but it will need at least 60 votes to advance further.