Senators Set to Send Crypto Clarity Bill to White House
U.S. Senators Ruben Gallego and Thom Tillis are finalizing a bipartisan bill to provide regulatory clarity for digital assets, with plans to send it to the White House within days, according to POLITICO.
Senators Ruben Gallego (D-AZ) and Thom Tillis (R-NC) are preparing a bipartisan legislative proposal aimed at establishing clear rules for digital assets, POLITICO reported. The so-called Clarity Act is being finalized as a counteroffer in the ongoing congressional debate over crypto regulation.
The lawmakers intend to move the bill swiftly, aiming to deliver it to the White House within days. Details of the bill’s provisions have not been disclosed, but the effort signals a renewed push to break the regulatory impasse that has frustrated the crypto industry.
The move comes amid heightened attention on crypto legislation following a series of high-profile enforcement actions and industry calls for transparent guidelines.
Source: Cointelegraph