Clarity Act Looks Close, But Banks & The Industry Keep Clashing

Negotiators in Washington are signaling that a long-running push to overhaul US crypto market rules may be nearing a breakthrough, with Ripple executives publicly suggesting talks have become “productive” and that a compromise text could be in sight. The optimism centers on the CLARITY Act, a market-structure proposal meant to spell out how digital assets are regulated and which agencies take the lead. Several crypto-focused publications reported that back-and-forth between major banks and crypto firms has intensified in recent days, with some participants, including Ripple boss Brad Garlinghouse, floating an April window as a plausible time-line for movement. https://twitter.com/RippleXrpie/status/2023757654171300203