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Grayscale says the CLARITY Act faces several remaining hurdles after a 15-9 Senate committee vote gave the crypto market bill bipartisan momentum.
Key facts
CLARITY must be combined with the Digital Commodity Intermediaries Act (DCIA), which cleared the Senate Agriculture Committee on Jan. 29 in a 12-11 party-line vote
Crypto asset manager Grayscale Investments shared on May 15 what comes next for the CLARITY Act after the Senate Banking Committee advanced the digital asset market bill in a 15-9 vote
The GENIUS Act ’s 68-30 Senate approval offers a recent model for bipartisan crypto legislation
Grayscale says the CLARITY Act faces several remaining hurdles after a 15-9 Senate committee vote gave the crypto market bill bipartisan momentum
Summary
CLARITY faces several remaining hurdles after gaining Senate committee support in a 15-9 vote, Grayscale says. Lawmakers must combine it with another Senate crypto bill before resolving differences with the House version. Senate passage may require at least seven Democratic votes if Republicans stay united. Crypto asset manager Grayscale Investments shared on May 15 what comes next for the CLARITY Act after the Senate Banking Committee advanced the digital asset market bill in a 15-9 vote.