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Coinbase Vice President of U.S. Policy Kara Calvert stated that the Crypto Market Structure Act, the CLARITY Act, may be reviewed and amended as early as next week in the U.S. Senate Banking Committee. Calvert said that the bill needs to pass with at least 60 votes in the Senate and requires bipartisan support. Calvert also mentioned that the lack of coherent tax policies is a major obstacle for institutional adoption of cryptocurrencies and expressed hope that crypto tax reform legislation can be advanced by 2026. (Cointelegraph)