WorldPingThe U.S. Senate won't go on its August recess just yet but it will not vote on the Clarity Act this month, dimming hopes that the bill can become law this year.
This is a short WorldPing brief. The full report was published by CoinDesk.
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WorldPingThe Senate faces a one-day window to advance the CLARITY Act before lawmakers leave Washington for recess. Supporters are seeking 60 votes for a procedural step as the legislation moves through a critical stage.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingBitcoin Magazine Senate Whip Barrasso Becomes Latest Lawmaker to Support Crypto Clarity Act, But Time May Be Running Out While Republicans are urging lawmakers to get the bill over the line, there isn't much time left before the Senate goes to recess.
Brief by WorldPing · Original reporting by Bitcoin Magazine
WorldPingThe decision comes after Majority Leader John Thune stressed that Democrats insisted on no vote as they still consider that the CLARITY Act needs work regarding the ethics provision.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingSenate Majority Leader John Thune confirmed with The Block, saying: 'We're getting that queued up first thing when we come back.'…
Brief by WorldPing · Original reporting by The Block
WorldPingSenate Majority Leader John Thune confirmed that the chamber was “punting” the vote until September.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingThe latest bipartisan ethics proposal would reportedly require Trump to divest crypto businesses while allowing him to defer capital gains taxes on those sales.
Brief by WorldPing · Original reporting by Cointelegraph
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