Senate Unveils New Clarity Act Text As Ethics Deal Sparks Fresh Debate

Senate Unveils New Clarity Act Text As Ethics Deal Sparks Fresh Debate

U.S. Hispanic Chamber of Commerce forum. (Photo by Ted Soqui/Corbis via Getty Images) Corbis via Getty Images Senators released the full text of the 600‑page Digital Asset Market Clarity Act this week, intensifying debate over a newly negotiated ethics provision and exposing fresh divides over enforcement authority, consumer protections and financial inclusion. The Clarity Act…

Senate CLARITY Act Floor Vote Hinges on Ethics Rules and August Recess Deadline

Senate CLARITY Act Floor Vote Hinges on Ethics Rules and August Recess Deadline

Senator Bill Hagerty told FOX Business News on June 18 that he hopes the Digital Asset Market Clarity Act, the CLARITY Act, can clear the Senate before the July 4 congressional recess, even as Senator Cynthia Lummis placed the more probable floor vote window in the period before the August recess, and David Nage, managing director and portfolio…