Republicans Unveil Revised CLARITY Act Ahead of Vote
- —The revised CLARITY Act was called the Republicans' final offer to Democrats before the September 15 vote
- —Holders of large crypto positions would be required to sell them or place them in a blind trust
- —On September 16, a House committee will consider two crypto tax bills
- —The Mining and Staking Tax Clarity Act proposes deferring tax on new tokens until they are sold
Why it matters: Passing the CLARITY Act would define the U.S. market's regulatory framework and could remove uncertainty for institutions.
Source: BeInCrypto RU