Senate Banking Committee crypto
Clarity Act’s New DeFi Rule and the House’s Vanishing Floor Time
The cloture vote we’ve tracked since Thune filed it back in early August finally has a bill text attached. Senate Republicans released a heavily rewritten version of the Clarity Act on Thursday, September 10, five days ahead of the September 15 procedural vote. A 630-Page Rewrite With Over 100 Changes Senate Republicans unveiled a revised,…
Digital Assets Weekly: CLARITY Act Advances, Bitcoin Sells Off, Fannie Mae Goes Crypto
Bitcoin started the week at $80,015. It ended Monday at $76,009. The CLARITY Act cleared the Senate Banking Committee on May 14. Fifteen to nine. Two Democrats crossed the aisle. Markets responded by liquidating $657 million in crypto positions over the next 24 hours, $584 million of which were longs. The Fear and Greed Index…
