The U.S. House Financial Services Committee will hold a live hearing on the Clarity Act in New York.

TechFlow reports that on July 17, according to Eleanor Terrett, the U.S. House Financial Services Committee will hold a live hearing on the Clarity Act in New York at 10 a.m. ET (10 p.m. Beijing Time) to discuss how the bill promotes innovation. This hearing is an informational session and does not affect the U.S. Senate's deliberation process on the bill. Meanwhile, after Trump met with Senate Republicans on ethics issues, the updated text of the bill has not yet been released. Industry insiders expect the relevant text may be delayed until next week for release.