U.S. crypto bill failed to pass on September 15: the real negative is more than just a 4% drop in Bitcoin
If I had to pick a keyword for the crypto market on September 15, 2026, I would choose:
“Expectation fell short.”
On September 15, local time, the U.S. Senate held a crucial procedural vote on the (CLARITY Act) (Digital Asset Market Structure Act). It ultimately failed to reach the 60-vote threshold needed to advance.
This is not an ordinary bill.
The reason the market has high hopes for it is that it is trying to solve one of the most core problems in the U.S. crypto industry: who should regulate crypto assets, and what kinds of tokens are securities versus what kinds of assets are commodities.