CLARITY Act: Galaxy’s Alex Thorn Reveals Secret To Securing Bipartisan Support
The post CLARITY Act: Galaxy’s Alex Thorn Reveals Secret To Securing Bipartisan Support appeared on BitcoinEthereumNews.com. Galaxy Digital’s Alex Thorn says the newest edition of the CLARITY Act could get a much-needed bipartisan boost. For this, he spotlighted a surprising addition with Senators John Kennedy and Elizabeth Warren. Alex Thorn Reveals How CLARITY Act Could Get Bipartisan Backing The U.S. Senate Banking Committee on Tuesday released the entire text of the CLARITY Act. In the draft, Thorn noted that the addition of the “Build Now Act” could help garner more bipartisan political support before this week’s markup. Thorn outlined each of these changes in a series of posts on X. He mentioned notable updates to a variety of sections of the proposed plan. These include new powers for the SEC, definition of DeFi, provisions on insider trading, and the bankruptcy regulations for crypto companies. In addition, he noted that the CLARITY Act has specifically added Section 904, the ‘