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The review of the Clarity Act has begun.
The bill has a high probability of passing.
Before entering committee for line-by-line review, there are actually over 100 amendments.
If this is a doomed bill, no one would bother to add so many amendments.
Of course, there is still some distance before the committee approval and the immediate implementation of US crypto regulation.
The rules still need to pass the Senate with 60 votes, be reconciled between the two chambers, and be signed by the President.
The moment regulation is implemented also marks the end of the early stage of the crypto industry.