Cryptocurrency
fromnews.bitcoin.com
1 day agoFrom Rebels to Banks: Why the Crypto Industry Is Finally Embracing Legacy Finance
Over 20 crypto firms are now seeking OCC charters to integrate with traditional banking systems.
Witt explained that the House passed its version of the Clarity Act last year, and the Senate is drafting its own amendments. Sections of the bill addressing the Commodity Futures Trading Commission (CFTC) have cleared the Agriculture Committee, while portions covering the Securities and Exchange Commission (SEC) remain in the Senate Banking Committee. A markup scheduled for January was postponed, and Witt said discussions are underway to resolve outstanding issues.