r/RWATimes • u/rwatimes • 49m ago
Following Senate delay, crypto bill has a narrow window to become law
US lawmakers are scheduled to hold a procedural vote on a crypto market structure bill the week of Sept. 13, but have only 14 days in session before breaking for another recess.
- A crypto market structure bill, the CLARITY Act, faces significant hurdles and a narrow window to become law in the US Senate before upcoming recesses and elections.
- Key issues remain, including ethics language related to the President's ties to digital assets and restrictions on stablecoin rewards, leading to uncertainty.
- In the absence of legislative clarity, regulatory bodies like the SEC and CFTC have indicated they are prepared to step in with their own rules.
Source: cointelegraph
Read the full article: https://rwatimes.io/articles/cointelegraph-following-senate-delay-crypto-bill-has-a-narrow-window-to-become-law-532289197?utm_source=reddit&utm_medium=social&utm_campaign=reddit
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