Coinbase exec says Senate CLARITY compromise is close, but no markup date set

A Coinbase executive has indicated that a compromise on the Senate's CLARITY Act, aimed at providing regulatory clarity for the cryptocurrency industry, is nearing completion. However, no specific date has been set for the markup of the legislation. The CLARITY Act seeks to establish a framework for digital asset regulation, which has been a topic of significant discussion among lawmakers. The executive emphasized the importance of bipartisan support to advance the bill. As the legislative process continues, the crypto community is closely monitoring developments.

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