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      Digital Asset Update: CLARITY Act Takes Another Step Forward

      The Digital Asset Market Clarity Act (H.R. 3633) (the CLARITY Act) took another important step forward on 8 August, when Senate Majority Leader John Thune filed a cloture motion on the motion to proceed to consideration of the legislation. Cloture is the Senate procedure for ending debate and moving toward a vote on legislation; for most legislation, invoking cloture requires 60 votes....
      By: K&L Gates LLP

      Source: JD Supra
      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud