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US Stock Market: Senate moves to advance Crypto Clarity Act in major win for Trump, industry

Economic Times 11 August 2026 at 11:08 am 1 min read 9 views Read Original
US Stock Market: Senate moves to advance Crypto Clarity Act in major win for Trump, industry

The US Senate is moving to advance the Clarity Act, which aims to establish a comprehensive regulatory framework for cryptocurrencies. A key procedural vote is expected after the August recess, but the bill faces a 60-vote hurdle and resistance from Democrats seeking stronger safeguards.

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