The Zhitong Finance App learned that the US Senate's process of advancing the “Clarity Act” for the digital asset market faced resistance this week. Democratic lawmakers involved in cross-party negotiations said that they have not yet approved the framework of the latest bill proposed by the Republican Party, and there are only a few weeks left until the National Assembly adjourns in August, which also makes the time for the bill to move forward as planned.

The Zhitong Finance App learned that the US Senate's process of advancing the “Clarity Act” for the digital asset market faced resistance this week. Democratic lawmakers involved in cross-party negotiations said that they have not yet approved the framework of the latest bill proposed by the Republican Party, and there are only a few weeks left until the National Assembly adjourns in August, which also makes the time for the bill to move forward as planned.