Flash News
The Senate of the United States is scheduled to facilitate the consideration of the CLARITY Act by the Senate on 20 July
On 12 July, Clarity Act, which provides a regulatory framework for the digital asset industry, was facing a key legislative window. The negotiations between the two parties in the United States have yet to reach agreement on key issues such as the ethical rules of government officials and illicit finance. If the bill fails to move forward before the August recess, there is almost no window of time before the mid-term elections, which could lead to a return to the legislative process. The current Republican leadership goal is to move the deliberations forward during the week of July 20th, but it will take at least seven Democrat senators to pass。
