US Clarity Act Faces Last-Minute Hurdles as Democrats and Banking Sector Oppose Amendments

The US Clarity Act, a legislative proposal aimed at establishing a framework for digital assets, is encountering last-minute challenges ahead of its Senate vote. Despite Republicans incorporating many Democratic demands into the final amendment and securing President Trump's concession on civil service ethics rules, significant pushback from Democrats and banking interests remains. The bill's ability to secure the necessary 60 votes in the Senate has become the main question.