WASHINGTON, Aug 8 : U.S. Senate Majority Leader John Thune moved on Saturday to advance a major bill that would create a regulatory framework for cryptocurrencies which, if passed, would mark a huge victory for U.S. President Donald Trump and the crypto industry.Thune, a Republican, early Saturday morning fil

The CLARITY Act defines SEC and CFTC crypto jurisdiction. The Senate has one day to pass it before recess, but needs 60 votes to clear a

The U.S. Senate won't go on its August recess just yet but it will not vote on the Clarity Act this month, dimming hopes that the bill can become law this year.