On September 14, U.S. Senator Cynthia Lummis, Chair of the Senate Banking Committee's Subcommittee on Digital Assets, along with Senators John Boozman, Chair of the Agriculture Committee, and Tim Scott, Chair of the Banking Committee, released the final draft of the cryptocurrency market structure legislation known as the 'CLARITY Act.' The draft reflects over a year of bipartisan negotiations and incorporates 126 requests from the Democratic side.
The...