CLARITY Act clears Senate markup in 15–9 vote as ethics fights persist
The post CLARITY Act clears Senate markup in 15–9 vote as ethics fights persist appeared on BitcoinEthereumNews.com. The Senate Banking Committee advanced the CLARITY Act in a 15–9 vote during a markup session on 14 May. This moves the cryptocurrency market structure bill to its next legislative stage after lawmakers spent hours debating amendments covering ethics rules, decentralized finance [DeFi], and anti-money laundering provisions. A markup session is the stage where lawmakers review legislation line by line, propose changes, and vote on amendments before deciding whether the bill should move forward. The committee ultimately approved an amended version of the legislation, preserving momentum behind one of the most closely watched crypto regulatory efforts in Washington. However, the vote does not represent final Senate approval, and the legislation still faces additional steps before it can become law. Warren amendments fail as ethics concerns remain During the session, lawmak