Browsing: Market

A procedural vote on the Clarity Act, a U.S. bill that would set the market structure for digital assets, failed in the Senate after Republicans and Democrats were unable to narrow their differences over ethics provisions covering senior public officials. Shares of crypto-related companies fell sharply

Add preferred source1 The U.S. Senate on the 15th (local time) rejected a procedural vote to advance the CLARITY Act, a digital asset market structure bill, by a margin of 49 to 50. Disagreements over President Donald Trump’s crypto business conflicts of interest and stablecoin yield restrictions ultimately derailed the legislation. Immediately following the vote,…