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Ahmed Barakat

More Than 200 Crypto Firms Urge Senate Vote on CLARITY Act Ahead of July 4 Target

A group of more than 200 crypto companies sent a joint letter on June 7–8 urging Senate leaders John Thune and Chuck Schumer to bring the CLARITY Act to a floor vote "without delay." The bill advanced out of the Senate Banking Committee 15–9 on May 14 and reached the General Orders Calendar by June 1, but a vote has not been scheduled as lawmakers face a July 4 signing target and an approaching August recess.