The US Senate has left for its August recess without taking action on a cryptocurrency regulation bill. This development has reduced the likelihood of the bill passing before the midterm elections. The bill in question is intended to establish a regulatory framework for the cryptocurrency sector.
It is known as the Clarity Act. Further information on the bill and its status can be found through KTSM 9 News, which is following the story and providing updates as more details become available.
Recent coverage curated from local and regional sources.
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