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US Senate Unveils Revised CLARITY Act Amid Cryptocurrency Market Uncertainty

Guavy AI Editorial Team
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The US Senate has released a revised version of the CLARITY Act, a 630-page document that will shape the future of cryptocurrency regulation in the country.

According to reports, the new text includes updates on DeFi definitions and developer protections. However, Democratic lawmakers remain cautious due to an ethics dispute surrounding the bill.

The CLARITY Act's ushual vote is scheduled for September 15th, which will determine the course of action for the cryptocurrency market, including Bitcoin and XRP, currently trading at $1.35.

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