“Continuously making concessions,” the U.S. crypto bill still isn’t passed
In the early hours of September 16 Beijing time, the U.S. Senate held a procedural vote on the (Digital Assets Market Clarity Act) (CLARITY Act). The motion to end debate on the consideration motion passed failed: it received 49 votes in favor, 50 against, with 1 person not voting, not reaching the required 60 votes to advance.
This means the bill is temporarily unable to move into full Senate consideration as originally planned, and it has not yet reached the final vote on whether it will be passed or not.
Just before the vote, Republican supporters have released a 635-page revised draft, claiming it has incorporated 126 substantive changes proposed by the Democrats. Trump also agreed to tighten restrictions on encryption-related activities by public officials.