Lummis: passing the CLARITY Act will drive a strong bitcoin rally
- —Lummis tied bitcoin's rise to passage of the CLARITY Act
- —Advancing the bill in the Senate requires 60 votes
- —Today's vote does not mean final passage
- —A separate tax bill would exempt fees up to $10 from taxation
Why it matters: The outcome of the CLARITY Act vote will shape the U.S. regulatory environment for crypto and could act as a catalyst for bitcoin.
Source: Coin Türk