Democratic senator signals CLARITY Act would not be a priority if party wins Congress

With the U.S. midterm elections one week away, Democratic Sen. Angela Alsobrooks said Democrats would not prioritize the CLARITY Act if the party takes control of Congress, The Block reported. The outlet added that if Democrats win control of the Senate, U.S. Democratic Sen. Elizabeth Warren, who is widely seen as a crypto skeptic, would become chair of the Senate Banking Committee. In related analysis, media outlets said a shift in congressional control would likely move the crypto agenda away from passing legislation and toward tighter regulation, making passage of the CLARITY Act difficult.

Source: Coinness