Thune Affirms Crypto Bill Vote Will Happen Before August Recess

BLOOMBERG LAW ·

Senate Majority Leader John Thune (R-S.D.) committed Tuesday to holding a vote on a major cryptocurrency bill, known as the Clarity Act ( H.R 3633 ), before the chamber recesses in August, and expressed hope that it will have bipartisan support when it comes to the floor. Thune told Bloomberg Government that Senate leaders had not yet decided on “exact” timing for the vote, but added that “it’ll happen this work period.” Asked if he anticipates the measure to have Democratic support ahead of floor consideration, he said, “I hope it will.” “That’s going to be the big question. I ... Providing news, analysis, data and opportunity insights. Log in to keep reading or access research tools and resources.

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The Senate President of Trueus has confirmed that blockchain legislation will be voted on before the August recess. This legislation aims to strengthen regulations on cryptocurrency exchanges and protect investors. The cryptocurrency market is expected to be affected by the outcome of this legislation.

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The current legislative efforts in the Senate are expected to have a significant impact on the cryptocurrency market. If the proposed legislation is passed, it will strengthen regulations on cryptocurrency exchanges and protect investors. This could lead to increased trust among investors, which could positively impact the price of Bitcoin.

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