The latest version of the Digital Asset Market Clarity Act (CLARITY Act) from the US Senate is expected to be released as early as next week, in an effort to enter the deliberation process before the end of July. The new draft integrates versions from the Senate Banking Committee and the Agriculture Committee, adds more than 70 pages of content, and strengthens consumer protection provisions. However, disagreements remain over issues such as ethical restrictions on relationships between senior government officials including the president and the crypto industry, federal preemption, and personnel arrangements between the SEC and the CFTC. It has not yet gained sufficient support from Democratic lawmakers and the White House. The bill still needs at least 60 votes in the Senate to pass, followed by approval from the House of Representatives and the president's signature before it can become law. (CoinDesk)