US Senate prepares to vote on CLARITY Act

The U.S. Senate Banking Committee is expected to announce a markup schedule for the CLARITY Act as early as tomorrow, according to Eleanor Terrett, host of Crypto in America. The committee has reportedly distributed a draft of the bill to some industry stakeholders ahead of the vote. While the bill's details are still under negotiation, further amendments may be made to reflect Democratic priorities. Terrett added that while the overall mood following a review of the bill and discussions with industry leaders has been positive, concerns remain that some provisions could alter key points previously thought to be settled.