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LATEST: The Clarity Act is now heading to the Senate Banking Committee for markup.
Bipartisan talks hit a roadblock last night over two key issues:
1. Ethics rules involving the First Family
2. Protections for non-custodial crypto developers
Despite the disagreement, Sen. Cynthia Lummis said both sides still agree on 99% of the bill.
The bill is still expected to pass the committee today, likely along party lines.
Major industry names like Fidelity, Coinbase CEO Brian Armstrong, and David Sacks have publicly backed the legislation.
This marks a major step forward for crypto regulation in the U.S. but the bigger fight will happen when the bill reaches the Senate floor.
#usa #bitcoin #crypto
#MarketOverloadWeek #SchwabCryptoGoesLive #TradeStocksOnOKX $BTC


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