Login
Sign Up
Per Woofun AI, U.S. Senators and industry stakeholders are accelerating negotiations to resolve remaining disputes in the CLARITY Act before Congress departs for the July 4 recess. Current deliberations center on stablecoin yield provisions, decentralized finance regulations, and bipartisan strategies to secure a Senate floor vote upon lawmakers' return. State bankers associations have coordinated outreach with Senate members, with sources indicating that stablecoin yield remains 'very much in play.'
Concurrently, a bipartisan group of senators convened to address unresolved matters, while Acting Attorney General Todd Blanche engaged with law enforcement organizations regarding the Blockchain Regulatory Certainty Act. This provision clarifies that non-custodial software developers are not liable for third-party code usage unless they knowingly facilitate illicit activity, though some law enforcement officials and Democratic senators seek further assurances. Outside Congress, advocacy groups including Stand With Crypto and the Digital Chamber have intensified lobbying efforts, with Rep. Dusty Johnson emphasizing the need to finalize the process before August.