CryptoCoinDeskabout 12 hours ago
Clarity Act Fails in Senate Floor Vote
16 min read
The Clarity Act, a crypto market structure bill defining SEC and CFTC oversight of the roughly $3 trillion sector, failed a key Senate procedural vote this month amid bipartisan opposition. Months of negotiations collapsed over an ethics provision targeting President Trump's crypto profits, piecemeal drafting, scattershot industry lobbying and midterm election pressure. Market structure reform remains stalled.
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