CryptoUpdated November 4

Experts say the CLARITY Act may be dead in its current form

The CLARITY Act had already failed to advance in September, and the Democratic sweep has dimmed its prospects further. CoinDesk reports that industry experts think the bill is likely dead in its current form. Some industry leaders still see room for bipartisan legislation, but with stronger consumer protections and safeguards against conflicts of interest. More than 70 House Democrats had supported the measure before the election.

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Coverage started November 4