US CLARITY Act Unlikely to Pass Senate Banking Committee Before April: Senator John Thune

The long-awaited Crypto Clarity Act is unlikely to advance through the Senate Banking Committee before April, according to Senator John Thune. The delay stems from ongoing disagreements between banks and stablecoin issuers over key legislative provisions, per reporting from The Block.The CLARITY Act has been a focal point for crypto industry advocates seeking regulatory clarity on digital assets and stablecoin issuance. The continued stalling of the legislation signals that critical stakeholders have yet to align on framework details, pushing any Senate committee vote further into 2025.Sources: Senator John Thune (via BSCNews) | The BlockTo continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io