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The crypto Clarity Act returns to the Senate this week. The banks are already trying to kill it.

The Verge·Tina Nguyen·19 days ago
#RySjUQIs
#crypto#bill#clarity#banks#industry#photo
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Hello and welcome to Regulator , the newsletter for Verge subscribers that goes into tech shenanigans that take place in the backrooms of Washington. Really, it sometimes does feel like the online series The Backrooms : a parallel universe with no internal logic, evil corporations lurking in the background, and mind-rending eldritch horrors around every corner. (Not a subscriber yet? Sign up here today . Have any tips about mind-rending eldritch horrors lurking in DC? Send that intel to me at tina.nguyen+tips@theverge.com .) Speaking of liminal spaces and endless hallways that drive their inhabitants insane: Today, we’re going to Capitol Hill, where the Senate is, at long last, finally revisiting the crypto market structure bill known as the Clarity Act. And it is, indeed, driving everyone insane.…

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