The US Senate is preparing to take action on the CLARITY Act, a piece of legislation that seeks to establish comprehensive guidelines for cryptocurrencies and stablecoins. The bill has been delayed for over a year due to various factors, but it appears that progress may finally be made.
A scheduled markup session in late April could bring resolution to this prolonged impasse. This development comes after several months of stagnation, and many are holding out hope that the CLARITY Act will soon become law.