#SenateReleasesNewCLARITYAct 🏛️ CLARITY Act: The 60-Vote Test
The U.S. Senate has released a new 630-page version of the CLARITY Act ahead of the September 15 procedural vote.
Here are 3 things I’m watching. 👇
1️⃣ NEW DRAFT, NEW DETAILS
The latest version adds rules around certain non-decentralized DeFi protocols, including potential CFTC registration and AML requirements.
It also makes changes around digital commodities and credit unions.
But some major issues remain unresolved, including ethics and stablecoin-related concerns.
2️⃣ THE 60-VOTE TEST
The Senate needs 60 votes for the procedu