Clarity Act: Senators Split on May Markup
Senators Tillis and Lummis clash on Clarity Act timeline, Kevin Warsh shifts CBDC stance, new bill boosts crypto Fed access in latest crypto regulation update.
SourceSenators are clashing over the Clarity Act markup timeline, with Sen. Thom Tillis gunning for a May push while Sen. Cynthia Lummis resists the rush, signaling potential delays in this key crypto regulation update. Former Fed governor Kevin Warsh reverses his position on CBDCs, now backing them amid evolving digital currency debates, and a fresh bill aims to widen crypto's gateway to the Federal Reserve, potentially reshaping Bitcoin and broader market access. This split highlights ongoing tensions in crypto policy shifts as lawmakers navigate regulatory clarity for the industry, with implications for BTC price prediction in a volatile landscape.
Eleanor Terrett
@EleanorTerrettBritish-born Fox Business journalist and producer, JMU graduate breaking news with a global perspective.