US House Financial Services Committee advances crypto CLARITY Act

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The CLARITY Act will move to the House floor after the House Financial Services Committee voted to advance the crypto market structure bill in a 32 to 19 vote.

The US House Committee on Financial Services has advanced a crypto market structure bill called the Digital Asset Market Clarity (CLARITY) Act, which will soon head to the full House floor for a vote.

House Financial Services lawmakers voted 32 to 19 on Tuesday to put the CLARITY Act to a full floor vote after the House Agriculture Committee earlier voted 47 to 6 to advance the bill.

“This is the second bill that Bryan Steil has ably led, first stablecoins and now a market structure bill,” said bill sponsor Representative French Hill shortly after the vote passed

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