By Hannah Lang
U.S. senators are set to consider long-awaited legislation that would create a regulatory framework for crypto, potentially ending a deadlock over the bill that pitted crypto companies against U.S. banks.
The bill, dubbed the Clarity Act, would, if signed into law, clarify financial regulators’ jurisdiction over the burgeoning sector, potentially boosting digital asset adoption.
Subscribe now to have unlimited access
With our membership subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!
