The U.S. Senate Banking Committee is about to enter a critical two-week period to finalize the milestone CLARITY Act. Among them, a bipartisan meeting will be held on January 6. Lawmakers must resolve disputes over DeFi regulation and the jurisdiction of the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) before the mid-month deadline. Committee Chairman Tim Scott warned that if the deadlock persists, he might push the bill forward without Democratic support. Prediction markets currently estimate a 69% chance that the bill will be signed into law before May. Analysts say this will unlock institutional investment potential beyond major assets like Bitcoin and Ethereum.
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The U.S. Senate Banking Committee is about to enter a critical two-week period to finalize the milestone CLARITY Act. Among them, a bipartisan meeting will be held on January 6. Lawmakers must resolve disputes over DeFi regulation and the jurisdiction of the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) before the mid-month deadline. Committee Chairman Tim Scott warned that if the deadlock persists, he might push the bill forward without Democratic support. Prediction markets currently estimate a 69% chance that the bill will be signed into law before May. Analysts say this will unlock institutional investment potential beyond major assets like Bitcoin and Ethereum.