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News in English (USA) / 23.07.2026 / 02:00

Senate Debate Intensifies Over Controversial Crypto Legislation

The Senate is currently at a critical juncture regarding a significant crypto bill, known as the Clarity Act, which aims to provide regulatory clarity for digital assets while implementing ethics rules to prevent federal officials, including presidents, from issuing tokens. The legislation has faced scrutiny from Democrats who deem it corrupt, yet Republicans are pushing for a floor vote. As discussions continue, a conflict of interest agreement involving former President Trump has emerged as a potential dealbreaker. Supporters assert that the Clarity Act could be a pivotal consumer protection measure, while skeptics question its efficacy. The outcome remains uncertain as both sides rally support and negotiate the terms.
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