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Ishika Kumari

U.S. Senate Banking Committee sets 15 January CLARITY Act markup on crypto rules

The U.S. Senate Banking Committee has scheduled a 15 January markup for the Digital Asset Market Clarity Act, a bill intended to settle jurisdictional disputes between the SEC and CFTC and give the crypto sector clearer regulation. Lawmakers are still divided over DeFi oversight, token categorization and stablecoin rewards, while prediction markets price in a meaningful chance the proposal becomes law before May.
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