Browsing: Senate

(The Center Square) — New York State Attorney General Letitia James is leading a bipartisan coalition urging the U.S. Senate to reject a major cryptocurrency bill, warning it would limit states’ ability to oversee the securities and commodities market.

Add preferred source1 The U.S. Senate on the 15th (local time) rejected a procedural vote to advance the CLARITY Act, a digital asset market structure bill, by a margin of 49 to 50. Disagreements over President Donald Trump’s crypto business conflicts of interest and stablecoin yield restrictions ultimately derailed the legislation. Immediately following the vote,…