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via The Block · By The Block Editorial

Senate Banking Committee advances landmark crypto market structure bill, garners some Democratic support

TB
The Block Editorial
(05:02 PM UTC)
1 min read
SC
Updated bySarah Chen

Landmark legislation to regulate the digital asset industry at large squeezed past a key Senate committee following weeks and months of strained deliberations.

On Thursday, the Senate Banking Committee voted 15-9 to advance its version of a crypto market structure bill, called the Clarity Act.

The vote comes after months of tense negotiations among the White House, lawmakers, the crypto…

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