Crypto
U.S. Senate delays Clarity Act to September; former SEC adviser says not over
The U.S. Senate has postponed consideration of the Clarity Act, a cryptocurrency market-structure bill, to September, clouding prospects for passage this year. Justin Slaughter, a former senior adviser at the U.S. Securities and Exchange Commission and Paradigm’s vice president for regulatory affairs, said the bill is not dead but that its chances have fallen sharply. He cited procedural hurdles, internal Republican opposition and political scheduling constraints.
