Digital assets draft ‘a monumental step’ for the U.S. industry, Clarity Act ‘a modern-day Glass-Steagall for crypto’ – Executives

(Kitco News) – The U.S. Senate Banking Committee announced the release of a draft structure for U.S. digital asset market legislation on Wednesday, and crypto industry executives are hailing it as a major step forward for the American cryptocurrency ecosystem.The discussion draft builds on the CLARITY Act, which passed the House of Representatives last week with strong bipartisan support.