💰 Crypto Industry Spent $8M Lobbying for the CLARITY Act — But the Deal Still Fell Short

The crypto industry reportedly spent around $8 million on lobbying efforts during the first half of the year, with a major portion focused on advancing the CLARITY Act, a key U.S. crypto market-structure bill.

Despite the industry’s strong push and significant lobbying spending, the bill failed to reach the expected finish line.

This highlights just how difficult crypto regulation remains in the U.S. While the industry continues to push for clearer rules and greater regulatory certainty, political negotiations and disagreements can still slow down major legislation.

📌 Big spending doesn’t always guarantee a legislative win.

The crypto sector is likely to keep lobbying for clearer market-structure rules as the debate over regulation continues.

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