Browsing: CLARITY

The CLARITY Act vote was meant to put the U.S. crypto industry on a path toward permanent federal rules. However, but the Senate voted 49-50 against advancing the legislation, falling far short of the 60 votes needed to clear the hurdle.

The Digital Asset Market Clarity Act, which aims to create a comprehensive regulatory framework for digital assets in the US, failed to gain the necessary support to pass in the Senate.

XRP, in fact, is one of the worst performers today after the failure of the CLARITY Act’s cloture. ByJordan Lyanchev

America’s attempt to establish a comprehensive regulatory framework for the cryptocurrency industry has hit a major political roadblock after the US Senate failed to advance the CLARITY Act in a crucial procedural vote. The measure received 49 votes in favour and 50 against on Tuesday, falling well short of the 60 votes required to move…

Crypto markets are bracing for the Federal Reserve’s (Fed) rate decision on September 16, just a day after the CLARITY Act failed to advance in the Senate.

Eleanor Terrett reported that former CFTC Chairman Giancarlo expressed disappointment over the Senate’s failure to pass the Clarity Act. He believes this setback will not deter the ongoing innovation in the U.S. Giancarlo highlighted the determination of SEC officials to create solid regulatory frameworks for financial innovation. This indicates an ongoing commitment to regulation despite…

Crypto markets came under heavy selling pressure after the US Senate failed to advance the CLARITY Act. It is significant, as it aimed to establish clearer rules for the digital-asset industry. The legislation fell short of the 60 votes required to move forward, adding a fresh layer of regulatory uncertainty for the crypto market.

Senate Cloture Vote on CLARITY Act Fails 49-50, Stalling Crypto Rules and Prediction Market Expansion SCCG · Tribal

The Digital Asset Market CLARITY Act failed its procedural Senate vote on Tuesday, falling short of the required 60 votes.

The CLARITY Act failed its biggest test on September 15, when the Senate voted 49-50 to reject cloture on the motion to proceed to the sweeping crypto market structure bill. Technically, the bill is not dead, but it has less time before the 2026 elections.