Dem Senator Slams GOP’s CLARITY Ethics Proposal as ‘Not a Serious Effort’: Report
Share:
Senate Democrats are mounting a fresh push to rewrite the CLARITY Act's ethics provisions after rejecting a White House-backed draft unveiled by GOP senators, stalling months of bipartisan negotiations. Senator Ruben Gallego blasted the GOP proposal as not a serious effort, heightening regulatory uncertainty for crypto policy and potentially delaying clarity for DeFi platforms, CEXs and token regulation.
Predictions Markets
See what traders are focused on
Senate Democrats are mounting a fresh push to rewrite the CLARITY Act’s ethics provisions after dismissing the White House-backed proposal unveiled by GOP senators, according to Politico.
Senator Ruben Gallego blasted the latest draft and said that the proposal Republicans sent back was “not a serious effort” despite months of bipartisan negotiations.
Read More
Top Crypto Industry Groups Pen Letter to Senate Leaders Urging Them To Support the Clarity Act
