CLARITY Act heads to final Senate vote with new crypto restrictions
- —State attorneys general would gain the right to monitor the ethics of federal officials
- —The Treasury could limit stablecoin yields if bank deposits flee
- —Trump agreed to the bill's ethics rules
- —Senator Van Hollen said the bill's problems have not been resolved
Why it matters: The vote's outcome will determine US spot crypto market regulation and could ease pressure on the industry.
Source: ZyCrypto