Eleanor Terrett: CLARITY bill postponed for discussion until early June

Eleanor Terrett revealed that the US Senate failed to reach an agreement due to differences in border security, and the Cryptocurrency Market Structure Act (CLARITY Act) has been postponed until early June to gain discussion time. Multiple priority issues are piling up, and the prospect of the bill entering the Senate plenary session in July and passing before its August recess is questionable. Senate staff are merging texts from the Agriculture and Banking Committee and advancing technical drafting during the recess.