Kevin O’Leary Expects Senate to Revisit Clarity Act in Q1 Next Year
Investor Kevin O’Leary expects the CLARITY Act (US digital-asset market-structure bill) to return to the Senate agenda by the first quarter of next year, following its failure to advance in a recent vote. O’Leary noted that while the House Ways and Means Committee has advanced the Digital Asset Tax Certainty Act, Congress has yet to resolve the broader regulatory framework between the SEC and CFTC. He argued that once the government begins taxing crypto activities, lawmakers will face increased pressure to establish comprehensive market structure legislation.
Summaries are written by AI from the original article. Not investment advice.