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Democrats send counteroffer to Republicans over Clarity Act provisions

Democratic Senators were said to be meeting late Monday to discuss the latest proposed draft text.

Democrats send counteroffer to Republicans over Clarity Act provisions

Senate Democrats are set to introduce a counterproposal to the Republicans' final CLARITY Act text, just hours before a critical procedural vote. The Democrats, who have been working on the bill, reportedly met with Senate Minority Leader Chuck Schumer on Monday to discuss their concerns. According to Senator Mark Warner, some Democrats remain dissatisfied with the crypto ethics provisions in the latest bill text.

The counterproposal comes as the Senate prepares to vote on Tuesday, a move that could advance the bill towards floor consideration. The CLARITY Act has faced opposition from state attorneys general ahead of the key Senate vote.

Written by urgent.news from Cointelegraph's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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