Senate Banking Committee Unveils Clarity Act Text Ahead of Thursday Vote on Crypto Market Structure
The post Senate Banking Committee Unveils Clarity Act Text Ahead of Thursday Vote on Crypto Market Structure appeared on BitcoinEthereumNews.com. Crypto News The U.S. Senate Banking Committee released the long-awaited text of the digital asset market structure bill just after midnight Tuesday, setting up a high-stakes markup vote on Thursday that could finally hand the American crypto industry the regulated footing it has chased for years. The newly published draft preserves legal protections for DeFi developers and codifies a contested compromise on stablecoin yield, but conspicuously omits the ethics provisions that Democrats have demanded. White House crypto adviser Patrick Witt has said negotiators want rules that apply uniformly across government, while pushing back against any clause targeting a single officeholder. Industry lobbyists spent months wrestling over the final language. MARA Holdings shares dropped 3.44% in after-hours trading on Monday to $12.93 after the Bitcoin min