Senate Republicans have updated their crypto market structure bill to regulate crypto platforms and most digital assets, according to draft text obtained by Bloomberg.
- Read the text of the bill here.
The draft Senate bill includes provisions similar to some in the CLARITY Act (
But it doesn’t match language from the House bill restricting non-financial companies from obtaining stablecoin issuers, which House lawmakers sought to limit Big Tech’s control of digital currency.
The measure would exempt certain crypto issuers from regulation ...