MarketPR
Regulatory action on digital assets is moving faster than the legislative calendar.
The Securities and Exchange Commission may introduce two cryptocurrency initiatives on Friday, including rules that touch 24/7 trading, even as a Senate vote on the Clarity Act risks sliding past the August recess.
The Office of the Comptroller of the Currency, meanwhile, opened the door for bitcoin and cryptocurrency firms to operate as banks.
Clarity Act timeline under pressure The Clarity Act was intended to establish a congressional framework for digital asset regulation, but a full Senate vote may not happen before the chamber breaks for August recess.
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