US Senator Tillis to push Senate Banking vote on stalled crypto bill
Senator Thom Tillis will push the Senate Banking Committee to vote on the stalled CLARITY Act crypto bill when Congress reconvenes May 11. The legislation would define regulatory oversight between the SEC and CFTC for digital assets. Coinbase withdrew support over stablecoin yield restrictions, but Tillis believes progress has been made and a markup vote is overdue.
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