US Senate Advances Landmark Crypto Bill Before August Recess

Republican John Thune filed to set up a key procedural vote on the Clarity Act when the U.S. Senate returns from August recess in mid-September, potentially paving the way for a full floor vote on the bill. Web3 and crypto builders should assume federal regulation is now inevitable—the question is not whether, but how. Begin mapping compliance readiness for token classification, custody, and trading rules.

Source: ET Tech ↗