House Agriculture Committee Pushes Forward with Crypto Market Structure Bill

The US House Agriculture Committee voted in favor of the Digital Asset Market Clarity (CLARITY) Act, advancing the bill towards a potential vote in the full House. On Tuesday, the committee approved the CLARITY Act by a significant margin of 47-6. This action signifies a major step towards establishing a regulatory framework for digital assets within the United States. Committee Chair GT Thompson highlighted that the bill will now be submitted to the House for further consideration. Members who hold dissenting views are given an opportunity to submit them by Friday.