The U.S. Senate will hold its first floor vote on the Digital Asset Market Clarity Act on September 15, following a procedural cloture filing by Majority Leader John Thune. This bill, already passed by the House of Representatives, aims to establish a clear regulatory framework for digital assets by dividing oversight between the SEC and the CFTC, with the latter overseeing digital commodities. This vote marks a significant step in the legislative process for crypto regulation. In the context of prediction markets, this legislative development appears to be a key indicator for the future of Bitcoin’s price.
Source: Read the original article
