US Senate Democrats restart negotiations on the Clarity Act.
TL;DR
US Senate Democrats have resumed negotiations on the CLARITY Act with crypto industry reps. The Banking Committee vote is delayed, but the Agriculture Committee vote is set for January 27, with Coinbase opposing the current draft as unworkable.
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According to Foresight News , citing CoinDesk, US Senate Democrats have resumed negotiations with crypto industry representatives to discuss the next steps for the CLARITY Act. The first vote on the Senate Banking Committee, originally scheduled for January 15, has been postponed, but the vote on the Agriculture Committee is still planned for January 27. Coinbase has stated that it cannot support the current version of the draft bill, deeming it "unworkable." The bill requires separate approvals from the Banking and Agriculture Committees before being combined for a full Senate vote.