Senate Stumbles On CLARITY, But The House Isn’t Done With Crypto

The CLARITY Act appears to have stalled in the Senate, but crypto-related legislative activity is continuing in the House, according to Coinpedia. On September 16, the House Ways and Means Committee is scheduled to mark up a crypto tax bill at 10 a.m. ET. At the same time, the House Financial Services Committee is beginning consideration of several cryptocurrency-related bills. The agenda includes the Strategic Bitcoin Reserve bill, which was introduced earlier this year. The simultaneous committee proceedings indicate that work on digital-asset legislation is moving forward in the House even as progress on the CLARITY Act remains uncertain in the Senate. No further details on the committees’ actions or the bills’ prospects were provided in the source material.