Crypto Council CEO Highlights Urgency for Clarity Act Progress in U.S. Senate

Ji Kim, CEO of the Crypto Council for Innovation, emphasized the limited time available for the U.S. Senate to advance the Clarity Act, with only about 9 to 10 working weeks remaining before the August congressional recess. According to NS3.AI, the bill must still pass through the Senate Banking Committee, where disagreements over stablecoin yield and rewards continue to pose significant challenges.