Key facts
- U.S. Representative French Hill believes a bipartisan path exists for the Clarity Act.
- Hill stated that Democrats and Republicans have reduced their disagreements on the bill.
- A vote on the Clarity Act is expected in September.
U.S. Representative French Hill expressed optimism regarding the bipartisan progress on the Clarity Act, a piece of legislation designed to bring regulatory clarity to the digital assets sector. He indicated that the differences between Democrats and Republicans on the bill have been significantly narrowed. Hill anticipates that the House of Representatives will vote on the Clarity Act in September, suggesting a potential breakthrough in the ongoing legislative efforts to define the regulatory landscape for cryptocurrencies.