Altcoins News
By Jean-Luc Maracon
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What's Actually in the Bill. The CLARITY Act didn't get here clean. The final text reflects months of back-and-forth, with the…
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A Procedural Vote, Not a Final Win. The Senate scheduled a procedural vote for September 15 at 2:15 p.m.
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Brad Garlinghouse wants the Senate to stop waiting for perfect. The Ripple CEO came out swinging Monday in support of the CLARITY Act, a digital asset bill that's already been…
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Treasury Secretary Scott Bessent made his own push on September 14, appealing directly to senators to advance the bill.
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126 changes. That's how many revisions Democrats got folded into the final version.
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The CLARITY Act didn't get here clean. The final text reflects months of back-and-forth, with the 126 Democratic amendments touching ethics enforcement, decentralized finance…
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Ethics provisions ended up being a major sticking point. The final bill expands restrictions on federal officials' digital asset interests — a change that probably wasn't on the…
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The community bank protection piece is maybe the most concrete thing Bessent pointed to. Stablecoins — assets pegged to external references like the U.S.
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See also: Letitia James Leads 17 AGs to Block Crypto Clarity Act Vote in Senate
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The Senate scheduled a procedural vote for September 15 at 2:15 p.m. And it's worth being clear about what that actually means.
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The CLARITY Act follows the GENIUS Act, which already passed and handles payment stablecoins specifically.
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Whether the Senate agrees is unclear. The vote's outcome probably hinges on whether the 126 Democratic changes were enough to bring enough members along, or whether there are…
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See also: Senates CLARITY Act Faces Critical Vote After Intense Bipartisan Negotiations
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What's not murky is where Garlinghouse and Bessent stand. They want this bill moving. The ethics provisions, the community bank protections, the SEC and CFTC oversight framework…
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