Senate Moves Forward on Crypto Regulation Amidst Shutdown Threat

Amidst a potential government shutdown, the U.S. Senate is intensifying its efforts to reshape the cryptocurrency market through legislation. The proposed bill seeks to establish clear guidelines and a robust framework for the digital asset sector. While the House has already passed the CLARITY Act, the Senate aims to draft its own version to ensure a unified legislative response. Despite the shutdown’s challenges, there is hope for timely regulatory action in the industry.