CLARITY Act Update: Gillibrand Confident Senate Will Pass Crypto Market Structure Bill
U.S. Senator Kirsten Gillibrand expresses strong optimism about the Senate Agriculture Committee's progress on the CLARITY Act, a pivotal crypto market regulation bill. Bipartisan negotiations continue, with no significant roadblocks reported. A markup session is scheduled for January 27.
Senator Cynthia Lummis urges accelerated action, emphasizing the narrow window to establish clear crypto rules under the current administration. The bill advances through two Senate committees, with the Agriculture Committee taking a leading role.