US Senate to vote on Clarity Act, decide fate of landmark crypto bill — All we know

Sept 15 (Reuters) — TheU.S. Senate is set to vote on Tuesday on whether to advance once-in-a-generation cryptocurrency legislation, potentially determining the fate of the bill as Republican Senate leaders grapple with a limited calendar in a busy election year.

The bill, dubbed the Clarity Act, would create a regulatory framework for digital ‌assets, which crypto companies say would put them on more solid legal footing. The deep-pocketed industry has spent hundreds of millions of dollars campaigning to advance the bill.