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senators are opposing the CLARITY Act on ethics grounds, with Senate Majority Leader John Thune reportedly saying the chamber will consider a vote on the crypto market structure bill before Aug.
Whether the legislation has enough Democratic support to pass is unclear, the report shows.
Ethics objections add a specific headwind The three senators have raised ethics-based concerns about the legislation, according to the source.
The report does not name them by senator or specify the nature of the objections they have cited. The CLARITY Act is described as a crypto market structure bill.
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