The US Senate plans to push for a procedural vote on the Clarity Act before the August recess.
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
According to Odaily, U.S. Senate Republicans hope to advance the Clarity Act to a procedural vote before the August recess, but face obstacles including a tight legislative schedule, wavering support from some Republican senators, and concerns from Democrats over crypto-related gains of the Trump family. The fate of the bill hinges on the votes of moderate Democrats, but progressive Senator Elizabeth Warren has warned that supporting the bill would compromise with special interests and could potentially benefit the Trump family. The main point of contention remains the ethics provisions, with Democrats demanding restrictions on Trump profiting from crypto activities. Arizona Senator Ruben Gallego is working with North Carolina Republican Senator Thom Tillis to draft a counterproposal, which is expected to introduce a mechanism for joint enforcement by state attorneys general and the Department of Justice.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
On co-CEO Caspar Coppetti acquires $1,993,790 of On Holding common shares
Reuters•2026/08/17 12:23
BitZERO Q3 FY26 net loss widens to US$26.46 million; revenue rises 65.5% to US$10.65 million
Reuters•2026/08/17 12:22
Cemig posts investor deck outlining R$ 44 billion 2026-2030 investment plan
Reuters•2026/08/17 12:19
HIVE unit BUZZ HPC signs USD 350 million AI cloud services deal with investment-grade client
Reuters•2026/08/17 12:19
Crypto prices
MoreBitcoin
BTC
$63,561.59
+0.97%
Ethereum
ETH
$1,900.55
+1.18%
Tether USDt
USDT
$0.9989
+0.01%
USDC
USDC
$0.9999
+0.00%
XRP
XRP
$0.9998
+0.08%
Solana
SOL
$75.48
+0.40%
TRON
TRX
$0.3320
+0.17%
Hyperliquid
HYPE
$59.33
+3.71%
Dogecoin
DOGE
$0.07008
+0.51%
Zcash
ZEC
$510.6
+5.37%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now