Regulation· ★★★★· neutral·

Democrats prepare counterproposal to CLARITY Act ahead of Senate vote

  • Democrats are preparing a counterproposal to the CLARITY Act ahead of the September 15 vote
  • The counterproposal would undo most or all of the Republicans' amendments from the previous day
  • It is unclear whether Republicans will concede or demand a vote on the motion to proceed
Why it matters: The final amendments will shape US spot crypto market regulation and affect XRP, ETH and the entire market.
Source: Bloomingbit