LATEST: 🇺🇸 Franklin Templeton has come out in support of the CLARITY Act, saying the bill would give investors clear protections and tell firms which regulators they answer to.
JUST IN: 🇺🇸 Senator Dave McCormick says there are two weeks left to pass the CLARITY Act, it must move fast, and any Democratic opposition should be on record.
Lets get it done!🚀
🇺🇸 ~10 Senate sessions left to pass the CLARITY Act.
This will decide whether the US becomes the crypto capital of the world or falls behind.
Pass it NOW!
WORLD'S LARGEST ASSET MANAGER BLACKROCK JUST ENDORSED THE CLARITY ACT 🚀
"It's an important step toward establishing a regulatory framework for digital assets that puts investors first" 👏
Coinbase expects a Clarity Act vote as soon as next week
@coinbase policy chief Faryar Shirzad (@faryarshirzad) said on Fox Business that the market structure bill could hit the Senate floor as early as Monday.
Passage needs 60 votes. Hawley and Paul are expected against, requiring seven or more Democratic crossovers, and seven Democrats who negotiated the text say it falls short.
Recess starts August 7. Crypto's clearest run at market structure comes down to a handful of legislative days.
JUST IN: 🇺🇸 Sen. Jon Husted on CLARITY ACT
"If the U.S. is going to lead in digital assets, we need a framework that is clear, practical, and supports innovation and job creation here at home.
That’s why I support the CLARITY Act and will work to get it passed as soon as possible." 👏
BREAKING: COINBASE EXPECTS CLARITY ACT VOTE BY MONDAY 🚨
“I talked to Sen. Thune’s office and we are hopeful that a vote will happen as early as next Monday.”
“Let the Senate go into August recess with an important bipartisan win.”
— Coinbase Chief Policy Officer Faryar Shirzad
BREAKING: 🇺🇸 A new CLARITY Act draft has been released.
It combines both Senate versions into a single bill and introduces an ethics provision for the first time.
A procedural motion could be filed within 48 HOURS, with a floor vote potentially taking place during the week of August 3.
HERE WE GO! 🚀
🇺🇸 CONGRESS JUST RELEASED THE NEW CLARITY ACT TEXT
A motion to proceed could happen as soon as today, with a possible floor vote coming next week 👀
Let's get this done 👏
JUST IN: Senator Dave McCormick says "We got two weeks left to pass the Clarity Act, and we gotta move fast." 👀
"If the Democrats are gonna oppose it, we need this on the record."
-US Senator Senator Dave McCormick (Republican)