Regulation· ★★★★· neutral·

Bitcoin Policy Institute: CLARITY Act is a fork in the road for crypto rules

  • Brown: the question is whether agencies or Congress will write the rules
  • A procedural Senate vote requires 60 votes
  • Democrats secured about 120 concessions during revisions
  • The ethics compromise covered the president, family and spouses
Why it matters: The outcome of the vote will determine who regulates the U.S. crypto market — Congress or agencies — affecting the entire industry.
Source: TokenPost