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[David Sacks: The 'CLARITY Act' Will Be Submitted for Senate Debate and Vote Next Month] David Sacks, the White House Director of Cryptocurrency and Artificial Intelligence, stated that the 'CLARITY Act' will be submitted to the Senate next month for debate and amendments, followed by a full vote. Senate Banking Committee Chairman Tim Scott and Agriculture Committee Chairman John Boozman confirmed that the bipartisan draft will be reviewed by the Senate next month. The 'CLARITY Act' will define crypto securities and commodities and clarify the responsibilities of the SEC, CFTC, and other financial regulatory agencies.

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