Will the Clarity Act Pass the Senate? | Connor Brown, Bitcoin Policy Institute

Bitcoin Magazine

Will the Clarity Act Pass the Senate? | Connor Brown, Bitcoin Policy Institute

The Clarity Act reaches a make-or-break moment as the Senate holds a cloture vote that requires 60 votes from a chamber Republicans hold 53 seats in. Connor Brown, Executive Director of the Bitcoin Policy Institute and a former Senate staffer, breaks down why 7 to 9 Democrats have to cross the aisle and what happens to digital asset regulation if they don’t. He walks through Senator Cynthia Lummis’ updated draft, the roughly 120 concessions inside it, and the ethics provision compromise that got about 80% of the way there. Brown also explains why BPI has expanded its remit into open source AI and what that means for Bitcoin security.

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This post Will the Clarity Act Pass the Senate? | Connor Brown, Bitcoin Policy Institute first appeared on Bitcoin Magazine and is written by Patrick Green.

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