White House silence on crypto ethics could doom CLARITY Act

Homepage > News > Business > White House silence on crypto ethics could doom CLARITY Act America’s digital asset market structure hopes are fading fast as the White House stays silent on new ‘ethics’ language despite the ticking legislative clock. CLARITY Act running on fumes Sheriffs not sold on CLARITY’s DeFi exemptions Banks still pressing for stablecoin reward tweaks Key senator rejects tribal gaming push for prediction market CLARITY addition CLARITY failure could see CFTC/SEC accelerate crypto rulemaking Democrat polling says voters find crypto toxic New anti-crypto groups surface Tuesday came and went without any sign that the Senate had scheduled a cloture vote on its digital asset market structure legislation (the CLARITY Act), despite senators due to leave town this weekend for their month-long summer recess. Time is rapidly running out for this procedural vote that could give CLARITY a fighting chance of passing in the roughly four weeks of Senate business that commences when senators return from their summer holiday in September. There are a number of other, more pressing items on the Senate’s agenda this week, leaving CLARITY anything but guaranteed to find it...