Clarity Act: Trade Groups Seek August Passage

Clarity Act drew sharp focus at yesterday’s @hlglobal_ event where top crypto trade association executives pressed for swift passage before the August recess even as a handful of issues linger. Jake Chervinsky noted his fellow panelists expressed greater optimism than he did on timing. Discussions also highlighted that both the SEC and CFTC stay well briefed and active on Project Crypto regardless of the bill’s outcome, leaving each agency with heavy workloads ahead.