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CLARITY Act Could Pass Congress by July as Banks Join Crypto Firms in Negotiations

The CLARITY Act, a bill addressing crypto assets and related services, could clear Congress before July, Kristin Smith, President of the Solana Policy Institute, said on Fortune's Crypto Playbook. Lawmakers are urging the Senate Banking Committee to complete its review by March or April to allow a full Senate vote before the July recess, Fortune reports. Smith noted that traditional financial institutions and crypto firms are negotiating together for the first time, and that President Trump has used social media to pressure banks, raising the likelihood the bill will advance and establish clearer rules for integrating crypto assets into the broader financial system.
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