According to ME News, on August 5 (UTC+8), U.S. Senate Majority Leader Thune did not file a cloture motion for the Clarity Act tonight, possibly due to procedural matters related to the ongoing CR (continuing resolution), as well as insufficient support and ongoing debate on the main issue. Once the procedural issues surrounding the CR are resolved, Thune could file the cloture motion as early as tomorrow—a prospect growing increasingly likely—which would allow a potential vote on the Clarity Act within 30 hours of the motion’s filing. (Source: Foresight News)
U.S. Senate Majority Leader Thune may file a Clarity Act motion tomorrow
KuCoinFlashShare
Summary
On-chain news reports indicate that U.S. Senate Majority Leader Thune did not file a cloture motion for the Clarity Act on August 5 (UTC+8), likely due to procedural delays related to the Continuing Resolution (CR) and insufficient votes. Once CR issues are resolved, Thune may file the motion as early as tomorrow, potentially leading to a vote on the Clarity Act within 30 hours. Crypto news outlets are closely monitoring the development.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.