The Clarity Act, aimed at defining and regulating the crypto market structure, is unlikely to meet its deadline before Congress' summer break. Majority Leader Mitch Thune has stated that the deadline will likely be missed, but work on the bill may begin before senators disperse for their annual recess.
Source
"Clarity Act Stalls Ahead of Summer Break" — CoinDesk
This article is Bitcoincryptos' summary and analysis of reporting originally published by CoinDesk. Read the full original report at the link above.
