US Senator Gillibrand says crypto market structure vote could happen by August
Cointelegraph
Senator Kirsten Gillibrand suggests a vote on crypto market structure legislation could occur by August if key conditions are met.Summary
US Senator Kirsten Gillibrand stated that a vote on the CLARITY Act, which focuses on digital asset market structure, could occur before the August recess. To reach this goal, lawmakers must address three specific areas: consumer protection, illicit finance, and mandatory ethics provisions. Gillibrand emphasized that an ethics clause is non-negotiable to prevent government officials from benefiting from insider status. While some progress has been made regarding stablecoin yield, the bill currently awaits further action in the Senate Banking Committee.
(Source：Cointelegraph)