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Senate Expected to Adopt House’s Crypto Market Structure Bill, Says Tom Emmer
Senate Expected to Adopt House’s Crypto Market Structure Bill, Says Tom Emmer
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BTCCSquare news:
House Majority Whip Tom Emmer predicts the Senate will pass the House's CLARITY Act for crypto market structure, despite ongoing Senate deliberations on a separate bill. The White House has set a September 30 deadline for legislation.
Emmer emphasized the House's extensive groundwork on crypto regulation, contrasting it with the Senate's more recent efforts. The CLARITY Act represents a comprehensive framework developed over years, while Senate discussions only began this week.
The legislative push comes as both chambers aim to establish clear rules for digital assets. Market participants await clarity on whether the Senate will expedite approval of the House bill or persist with its own version when sessions resume in September.
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