US Senate advances landmark crypto bill before heading on August recess

US Senate Majority Leader John Thune moved on Saturday to advance a ​major bill that would create ​a regulatory framework for cryptocurrencies which, if passed, would mark a ​huge victory for U.S. President Donald Trump and the crypto industry.

Thune, a Republican, early Saturday morning filed to set up a key procedural vote on the Clarity Act when the Senate returns from ‌its August recess ⁠in ⁠mid-September, potentially paving the way for a full floor vote on the bill, according to the US Senate Press Gallery website.

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