CryptoDecryptabout 1 hour ago
Senate Fails to Advance Clarity Act Crypto Bill
1 min read
The U.S. Senate failed to advance the Clarity Act, a federal crypto market framework, after a 49-50 procedural vote. The bill would have clarified SEC and CFTC roles and legalized most crypto activity. The vote followed months of negotiations on ethics rules, stablecoin rewards, and illicit finance safeguards. Senator Cynthia Lummis declared the bill 'all but dead.
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