Senators submitted updated ethics guidelines to White House for CLARITY Act; Senate faces deadline to pass crypto bill before recess.
Unusual Whales
Lawmakers are facing a deadline to pass a comprehensive crypto market structure bill before the Senate goes on a month-long recess. Ethics have emerged as a key point of contention among legislators, with the window narrowing for reaching a consensus. The bill aims to regulate the rapidly growing cryptocurrency market, with significant numbers of senators expressing varying perspectives on the matter.