Washington
126 changes later, the CLARITY Act gets its vote
Senate Republicans released what they called the final draft on Monday. The procedural vote is today at 2pm Eastern.
The long argument over how America regulates crypto markets is down to a single Tuesday. Senators Lummis, Boozman and Scott released the text ahead of the vote, and The Bitcoin Conference reported what it took to get here:
The new draft includes 126 substantive changes requested by Democrats
What those changes bought, by the Conference's own list: new ethics language, a state AG enforcement role, developer and consumer protections, and conflict-of-interest rules. The vote itself, the announcement noted, is procedural — Tomorrow's vote is a procedural vote
— the kind that decides whether a bill gets debated at all, scheduled for 2pm EST.
The ethics clause has a patron. Bitcoin Magazine reported that Lummis is publicly crediting Trump for the ethics deal that unblocked the text.
By the time this paper is read, the count will likely be known. The draft's own send-off was less procedural: THE TIME FOR CLARITY IS NOW
.