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CLARITY Act Approaching Senate Vote with Bipartisan Support
Legislative Progress
The U.S. Senate Banking Committee is expected to begin reviewing the CLARITY Act as early as this week, with a vote anticipated next Thursday. The White House is pushing to set the deadline for July 4th.
Broad Support
52% of registered American voters support the bill, with only 11% opposing, and it enjoys bipartisan backing from Democrats, Republicans, and independents.
Crypto Market Impact
If the bill passes, it will clarify asset jurisdiction, potentially unlocking a large influx of institutional and retail funds into the crypto market.
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