CLARITY Act may return after midterms as House leaves for recess
- —On September 15, the Senate voted 49-50 against ending debate on the CLARITY Act
- —The House canceled votes on September 17 and left for recess until November
- —Tom Emmer: the delay does not mean failure, the law could pass by year-end
- —Senator Tillis switched his vote from 'yes' to 'no', offering hope for a re-vote
Why it matters: The CLARITY Act delay prolongs regulatory uncertainty in the U.S.; the next chance for passage is after the November elections.
Source: CoinGape