Summer Mersinger: Clarity Act should be passed as soon as possible; opposition to modifying key clauses
2026-08-22 11:03:03
According to CoinMeta, the American Blockchain Association states that with less than four weeks left until the U.S. Senate debates and votes on Clarity Act on September 15th, reopening terms that have been under negotiation for months could lead to legislative failure. The American Bankers Association's proposed amendments represent a major policy change, which would expand the scope of interpretation for regulatory authorities and alter the applicability of Genius Act. He pointed out that U.S. bank deposits have grown for three consecutive quarters since the passage of Genius Act, with an increase of over $800 billion in total, and called on the U.S. Senate not to reopen negotiations but to directly pass Clarity Act.
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Source:Internet
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