US aims to be global crypto hub as Senate nears key vote on CLARITY Act

Ripple CEO Brad Garlinghouse said the US can still become the global center for cryptocurrency, urging lawmakers to finalize regulations. This follows a White House meeting with crypto and financial leaders, emphasizing the administration's support for domestic financial innovation. The upcoming Senate vote on the CLARITY Act, which would clarify crypto regulations, is crucial but faces challenges including limited time for Congress to reconcile differences before midterm elections. While agencies like the SEC and CFTC have issued guidance, lasting regulatory clarity depends on legislative action. Source: https://pluang.com/en/news-feed/ceo-ripple-kaitkan-keunggulan-kripto-as-dengan-ruu-clarity