U.S. Senator Hagerty Urges Senate to Pass the CLARITY Act

Odaily News: U.S. Senator Bill Hagerty has called on the Senate to pass the CLARITY Act (Digital Asset Market Structure Bill) as soon as possible, stating that the United States cannot afford to fall behind in the digital asset sector. Hagerty emphasized that establishing a clear regulatory framework is crucial for driving U.S. digital asset innovation and maintaining global competitiveness. The CLARITY Act aims to clarify the division of regulatory responsibilities for the U.S. digital asset market and provide the crypto industry with a more defined set of rules. The bill is currently awaiting further deliberation in the Senate.