The “Crypto Clarity Act” law suffered defeat during a vote in the U.S. Senate

Years of efforts to establish regulatory rules for cryptocurrency markets in the United States failed to garner enough support to clear the final hurdle in the Senate—60 votes.

Many were to blame for the failure of the “Clarity Act” bill for the crypto industry

Last-minute behind-the-scenes disputes that erupted at the final moment led to the defeat of the market structure regulation bill, on which the industry had pinned its greatest hopes.
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