Crypto
U.S. Senate push for Clarity Act draws backing from majority whip, faces Democratic and bank-sector resistance
Calls are growing in the U.S. Senate to take up the Clarity Act, which would set a regulatory framework for digital assets, but a vote is becoming less certain ahead of a five-week recess. Senate Majority Whip John Barrasso urged passage, citing last year’s GENIUS Act. Democrats and banking lobby groups have raised objections, including ethics provisions and stablecoin yield payments, while the White House reviews amendments.
