US Senate Launches Bipartisan Follow-Up to CLARITY Act

The US Senate Agriculture Committee has officially released the draft of a comprehensive, bipartisan bill aimed at regulating the digital asset market. The core of the legislation is the establishment of a supervisory framework centered on the Commodity Futures Trading Commission (CFTC). Key Provisions Target Consumer Protection and Clarity The Senate Agriculture Committee published the draft on its website on Monday, stating it would continue to work across the aisle to pass the legislation to protect consumers, ensure financial market stability, and allow US companies to thrive. The draft bill arrives approximately four months after the House passed its own comprehensive crypto legislation, the CLARITY Act source: https://beincrypto.com/us-senate-launches-bipartisan-follow-up-to-clarity-act/