Crypto Is Becoming Financial Infrastructure: Why the World Was Watching the CLARITY Act
Ahead of the September 15 vote, Senator Cynthia Lummis posted a blunt message on X. After months of negotiations, she argued that the latest version of the CLARITY Act had already incorporated many Democratic requests and that it was time to stop negotiating and vote. The revised text did include 126 substantive changes sought by Democrats, including tighter restrictions related to public officials and crypto conflicts of interest, according to Reuters’ reporting on the final draft of the bill . Even so, disputes over ethics, banking and financial stability remained unresolved going into the vote. ...