Tom Emmer warns Senate blocking Clarity Act delays crypto regulation

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House Majority Whip Tom Emmer reacts to the Senate failing to advance the Clarity Act, warning it delays crypto regulation. He compares stablecoins without market structure to having a cell phone without cell towers.

House Majority Whip Tom Emmer reacts to the Senate failing to advance the Clarity Act, warning it delays crypto regulation. He compares stablecoins without market structure to having a cell phone without cell towers. Emmer expects Congress to revisit and pass the cryptocurrency bill before the end of the year.

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