The CLARITY bill passed with partisan voting, and the bipartisan divide is getting worse

According to BlockBeats news, on January 30th, the Cryptocurrency Market Structure Act (CLARITY Act) was passed by the Senate Agriculture Committee on Thursday local time, but the differences between the Democratic and Republican parties have become more serious. The final vote was 12 to 11, but the vote was partisan, with all Democrats voting against it, and the split focused on Trump and his family’s interests in cryptocurrency.

In addition, an amendment to limit the Trump family’s profits from cryptocurrencies was not passed. Democratic Senator Michael Bennet said the issue “touches the very core of our democracy.” It has nothing to do with cryptocurrencies, and it’s not even specifically aimed at President Trump, it’s just to return to the moral system that America deserves." The Trump family has now profited at least $1.4 billion from their cryptocurrency investments and also holds a 20% stake in mining company American Bitcoin.