Senate Democrats submitted a last-minute counterproposal on the CLARITY Act ahead of Tuesday’s procedural vote, keeping negotiations focused on ethics and enforcement provisions.
The proposal came as lawmakers remained divided over how the legislation should handle issues including crypto-related conflicts of interest, enforcement powers and protections against illicit finance.
Republicans argued that the bill could provide clearer rules for the crypto industry, while Democrats pushed for stronger safeguards.
The procedural vote later failed 49–50, meaning the bill did not reach the 60 votes needed to advance.
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Regulatory headlines can create short-term volatility across the market. Keep an eye on $ASTR, $T and $AIN, but don't enter a trade solely because of breaking news.
Watch the levels. Manage risk. DYOR.
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