Politics · Explainer
Crypto Bill’s Path in Doubt as Congress Changes Hands
Democrats won both chambers of Congress, and the CLARITY Act stalled in the Senate in September.
Kunkafa News · Published · 2 min read
By Kareem FaridDiscuss with the author on X
Key points
- Democrats won control of both chambers of Congress.
- The CLARITY Act, which would set rules for crypto markets, stalled in the Senate in September.
The change in Congress puts the CLARITY Act’s path in doubt, CoinDesk reported. The bill stalled in the Senate in September.
Clear rules are one of the things crypto investors have been waiting for. A longer wait could weigh on prices.
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