| Mobile Web

U.S. CLARITY crypto market structure bill nears Senate vote; White House targets July 4 enactment

The White House has set July 4 as its target date for enacting the CLARITY bill, a U.S. crypto market structure measure. CoinPost reported the Senate Banking Committee could begin voting steps as soon as next week. A compromise on stablecoin yield provisions has advanced, though banking groups oppose it. Lawmakers are now focused on ethics provisions, with Democrats warning support depends on them, as negotiations continue ahead of the deadline.