Senate Democrats are formulating a response to the GOP’s final CLARITY Act offer ahead of its procedural vote, according to a report published on Monday.
Democrats Still Not on Board?
The Democrats, who have been negotiating the key piece of cryptocurrency legislation, gathered in Minority Leader Chuck Schumer‘s (D-N.Y.) office Monday night to plan their next moves, reported Politico.
The Republicans’ new bill text, portrayed as their final offer, was made public late Sunday evening
Sen. Cynthia Lummis (R-Wyo.) said the revised text gives state attorneys general direct authority to enforce ethics restrictions on federal officials, while also allowing them to pursue digital asset exchanges and issuers under consumer protection laws.
