Senate Advances Crypto Regulation Bill This Week

The U.S. Senate is set to consider a long-awaited cryptocurrency regulatory bill this week, marking a significant step towards establishing a clear framework for digital assets. The legislation, known as the CLARITY Act, faced delays due to disagreements between American banks and crypto firms. However, a recent compromise has paved the way for the Senate Banking Committee to move forward with the bill, potentially resolving key regulatory uncertainties that have impacted the digital asset market.