The U.S. Senate Banking Committee released the full text of the Digital Asset Market Clarity Act just after midnight Monday, placing the 309-page manager’s amendment in public view 48 hours before the panel’s scheduled Senate markup on Thursday, May 14.

Chairman Tim Scott (R-SC), Subcommittee on Digital Assets Chair Cynthia Lummis (R-WY), and Senator Thom Tillis (R-NC) issued the bill text alongside a section-by-section summary. “This bill reflects serious, good-faith work across the committee and delivers the certainty, safeguards, and accountability Americans deserve,” Scott said. “It puts consumers first, combats illicit finance, cracks down on criminals and foreign…

Read more on BitcoinMagazine