CryptoTechmemeabout 1 hour ago
Senate Blocks Clarity Act, Crypto Bill Fails
1 min read
The U.S. Senate voted to block the Clarity Act, a comprehensive crypto market structure bill, dealing a major blow to the industry's regulatory push. The bill failed to reach the 60 votes needed for cloture, falling short with a 49-50 vote. Every Democrat voted against it, citing insufficient ethics provisions related to President Trump's crypto holdings.
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