US Senate Committee set to consider long-awaited crypto bill next week

Bogdan Hofbauer

May 8 : U.S. senators are set to consider long-awaited legislation that would create a regulatory framework for cryptocurrency next week, potentially ending a deadlock over the bill that pitted crypto companies against U.S. banks. The bill, dubbed the Clarity Act, would, if signed into law, clarify financial regulators' jurisdiction over the burgeoning sector, potentially boosting digital asset adoption. U.S. Senator Tim Scott, chairman of the Senate Banking Committee, said on Friday the panel