The U.S. Senate website has already shown that bill #CLARITYAct was rejected. It did not receive 60 votes and therefore could not move forward.
This outcome is clearly a negative regulatory development, especially since the market previously viewed the CLARITY Act as an important catalyst for implementing regulatory oversight for the U.S. crypto market structure. Now, at least in the short term, that catalyst is gone.
This outcome is clearly a negative regulatory development, especially since the market previously viewed the CLARITY Act as an important catalyst for implementing regulatory oversight for the U.S. crypto market structure. Now, at least in the short term, that catalyst is gone.
