Grayscale Backs CLARITY Act Ahead of Senate Vote
- —Grayscale supported passing the CLARITY Act this year
- —The Senate will hold a procedural vote on the bill
- —The amendments cover stablecoin yields and exchange regulation
- —The bill expands civil protections for crypto users
Why it matters: Passing the law could accelerate institutional crypto adoption and provide clear rules for exchanges and stablecoins.
Source: Cryptonews.net