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The Nexus
BUSINESSMay 14 · 17:48 UTCR/CRYPTOMARKETS/u/coinfanking

Crypto industry scores win as Clarity Act regulation bill clears Senate hurdle.

The Clarity Act regulation bill for the cryptocurrency industry has cleared the Senate Banking Committee with a 15-9 vote, despite opposition from banks, unions, and law enforcement agencies. The bill aims to add predictable oversight to the industry. It still needs to clear the full Senate and the House before becoming law.

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