Senator Cornyn may side with banks ahead of CLARITY Act vote
- —Cornyn cited banking community concerns about the revised text
- —Eight US banking associations opposed the final version of the bill
- —A procedural vote requires 60 votes
- —The CLARITY Act vote is scheduled for 18:15 UTC on Tuesday
Why it matters: A failed vote would stall market structure legislation until the midterms, deepening regulatory uncertainty for the crypto industry.
Source: The Crypto Times