US Senate to Vote on Critical Crypto Regulation Bill, The Clarity Act

The Clarity Act, a bill designed to formally divide oversight of the cryptocurrency sector between the SEC and the Commodity Futures Trading Commission (CFTC), faces a crucial procedural vote in the US Senate on Tuesday. The bill, which controversially grants the smaller CFTC the majority of control, requires 60 'yes' votes to advance, making today its most significant test to date.