Senators are planning to release the updated text of a cryptocurrency regulatory bill shortly after a meeting with President Donald Trump on Thursday afternoon, Sen. Bernie Moreno (R-Ohio) told reporters.
Democratic senators are not expected to attend the meeting. Several Democrats said they wouldn’t support the version of the bill that could be released Thursday, suggesting it faces steep odds for passage.
Negotiations on the Clarity Act have gone back and forth for the better part of the past year. A major unresolved issue involves an ethics provision seeking to address Trump’s business ties to the crypto industry. The measure is a…
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