🚨UPDATE: @​SenLummis told Bloomberg Crypto that the CLARITY Act would allow every U.S. bank to freely buy and hold Bitcoin. The Senate faces a tight 60-vote cloture test, with Republicans holding 53 seats and needing at least seven Democrats. Banking groups, 1

🚨UPDATE: @​SenLummis told Bloomberg Crypto that the CLARITY Act would allow every U.S. bank to freely buy and hold Bitcoin. The Senate faces a tight 60-vote cloture test, with Republicans holding 53 seats and needing at least seven Democrats. Banking groups, 17 state AGs, and Jamie Dimon oppose the bill, while the SEC and CFTC say crypto rulemaking will continue even if cloture fails 🔗Know More in the comments.