Senate Set for 2025 Vote on Crypto Market Structure Bill

The US Senate is gearing up for a pivotal vote on groundbreaking legislation that could revolutionize how digital assets are regulated. Known as the CLARITY Act, this comprehensive bill aims to bring clarity and structure to the cryptocurrency industry by establishing clear lines of responsibility between agencies like the SEC and CFTC. Senator Tim Scott, chairman of the Banking Committee, has unveiled a detailed timeline for the bill’s progression through Congress.