🚨 CLARITY ACT FAILS IN THE SENATE, BITCOIN SLIPS BELOW $75K
The U.S. Senate failed to advance the CLARITY Act to the next stage of consideration after a procedural vote ended with 49 in favor and 50 against, falling short of the 60 votes required. This was not yet a vote to pass the entire bill, but it has stalled the legislative process.
One of the main points of contention is the ethics-related provisions regarding President Donald Trump's crypto interests. The changes introduced in the updated version still have not been enough to reach bipartisan consensus.
After the vote result, Bitcoin at one point fell below $75K, while shares of Coinbase and Circle were down around 10% at times.
👉 The CLARITY Act has not been completely dead, but the failure in the Senate is a major obstacle to building a crypto regulatory framework in the U.S.
👇 HOT COINS TRADING HERE 👇
$SAGA , $VTHO , $SYN
The U.S. Senate failed to advance the CLARITY Act to the next stage of consideration after a procedural vote ended with 49 in favor and 50 against, falling short of the 60 votes required. This was not yet a vote to pass the entire bill, but it has stalled the legislative process.
One of the main points of contention is the ethics-related provisions regarding President Donald Trump's crypto interests. The changes introduced in the updated version still have not been enough to reach bipartisan consensus.
After the vote result, Bitcoin at one point fell below $75K, while shares of Coinbase and Circle were down around 10% at times.
👉 The CLARITY Act has not been completely dead, but the failure in the Senate is a major obstacle to building a crypto regulatory framework in the U.S.
👇 HOT COINS TRADING HERE 👇
$SAGA , $VTHO , $SYN
