CLARITY Act Faces Critical April Deadline as Crypto Regulation Hangs in Balance
Senator Tim Scott holds the authority to schedule the markup for the CLARITY Act but has not yet announced a date.
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Stakeholders Mum on Yield Details as Late-April Markup Expectations Build3 articles·2 sources
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tl;dr
Senator Bill Hagerty set a goal for the Senate Banking Committee to advance the CLARITY Act by late April. The bill seeks to shift crypto regulation from the SEC to the CFTC but faces hurdles regarding stablecoin reward provisions.
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TSTim ScottR-South Carolina
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