CryptoCoinDeskabout 1 hour ago
U.S. Senate Rejects Crypto Clarity Act
1 min read
The U.S. Senate failed to advance the Digital Asset Market Clarity Act, falling short of the 60 votes needed with a 49-50 final tally. The bipartisan bill, which aimed to define regulatory roles for the SEC and CFTC, collapsed over final provisions like ethics rules. The defeat leaves crypto market structure to be shaped by agency rules, which lack the durability of law.
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