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CLARITY Act Secures Bipartisan Support Breakthrough

CLARITY Act Gains Bipartisan Support from Unexpected Senators

  • Galaxy Digital’s Alex Thorn highlighted the potential for bipartisan support for the CLARITY Act.
  • Senators John Kennedy and Elizabeth Warren are notable supporters of the act.
  • The U.S. Senate Banking Committee released the complete text of the CLARITY Act on Tuesday.

The involvement of both Republican and Democratic senators could enhance the chances of passing the CLARITY Act, which aims to clarify regulatory frameworks surrounding cryptocurrencies. This bipartisan approach may address concerns from various stakeholders in the crypto community.

With key figures like Senators Kennedy and Warren backing it, the CLARITY Act is positioned to potentially gain significant traction in Congress. (Source)

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