U.S. Senate Banking Committee to Markup Clarity Act on May 14

Markup on May 14

The U.S. Senate Committee on Banking, Housing, and Urban Affairs has officially scheduled a formal meeting on May 14 to conduct a markup of the cryptocurrency market structure bill, the Clarity Act. According to the meeting agenda published on the committee's website, the proceedings are expected to be livestreamed.

The Clarity Act is positioned as a top legislative priority for the cryptocurrency industry in Congress. The bill involves the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading...