CLARITY Act Faces Key Procedural Vote Today, Warren and Lummis Clash

Odaily News: Bitcoin News posted on X platform that Senator Elizabeth Warren called the CLARITY Act "an insult to the American people," arguing that cryptocurrencies would be exploited by criminals and terrorists and pose risks to the financial system. Senator Cynthia Lummis responded that Warren's stance represents "a surveillance state in the making," which would allow the federal government to monitor how Americans use their money through their bank accounts, and called it "wrong and un-American."The U.S. Senate will hold a key cloture procedural vote on the CLARITY Act at 2:15 PM Eastern Time today.