🇺🇸 CONGRESS REACHES NEW AGREEMENT TO FAST-TRACK CRYPTO LEGISLATION
After several days of discussions, Senate leaders and the White House have agreed not to combine the market structure bill (CLARITY) and the stablecoin bill (GENIUS). This means that the two bills will continue to be voted on separately.
Senator Tim Scott stated: “We are committed to completing the market structure bill by the end of September.”
This goal is later than the initial August deadline set by President Trump.
The White House plans to present the bill before the August recess, hold a markup session in early September, and vote at the end of September.