
US cryptocurrency voters are closely watching the Clarity Act as the Senate faces a shrinking window to advance the legislation before the midterm elections.
The focus on the bill comes with about 100 days remaining until voters head to the polls, increasing pressure on lawmakers to act.
Supporters say the Clarity Act would establish clearer rules for digital asset markets and define the responsibilities of US regulators.
The legislation is intended to reduce regulatory uncertainty for cryptocurrency businesses and investors.
The Senate has limited time to consider the proposal before attention shifts to the election campaign.
The outcome could influence how cryptocurrency policy becomes an issue for voters and lawmakers during the midterm elections.