CLARITY Act Update: Senate GOP Revises DeFi Rules Ahead of Sept. 15 Vote

TLDR Senate Republicans revised the CLARITY Act after negotiations held during the August recess. Controlled DeFi protocols may need CFTC registration under the updated Senate language. DeFi provisions now focus on spot and cash digital commodity transactions. Ethics, BRCA, and stablecoin reward disputes remain unresolved before the Senate vote. The September 15 cloture vote requires [...]

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