The latest draft of the U.S. crypto regulatory bill, the “Clarity Act,” may be released next week.

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Deep Tide TechFlow news: On July 10, according to CoinDesk, sources said the latest consolidated draft of the U.S. Digital Asset Market Transparency Act (Clarity Act) may be released as early as next week, with the Senate expected to advance consideration during the week of July 20. The consolidated draft was jointly negotiated by the Senate Banking Committee and the Agriculture Committee, adding more than 70 pages and strengthening consumer protection provisions. However, the bill still faces multiple obstacles: Democrats continue to insist on restricting senior government officials (including the president) from having commercial ties with the crypto industry, and the parties have not yet reached a compromise on this ethics clause; in addition, issues such as federal preemption, nominations for SEC and CFTC commissioners remain unresolved, and the White House has not been involved in the latest talks. For the bill to pass the Senate, it must reach a 60-vote threshold, and the time window is extremely limited—there are only about four weeks of Senate agenda remaining in July and early August, and ongoing infighting among House Republicans further increases legislative uncertainty.
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