That link you sent is a share from Binance Square — it's the official Binance News post:
Crypto Leaders Turn to U.S. Regulators After Senate Rejects CLARITY Act Advance
Here's what it's about:
The post says crypto industry leaders are turning to U.S. regulators after the Senate voted 49-50 against advancing the CLARITY Act, and according to NS3.AI, the SEC and CFTC could issue rules to fill the legislative gap
What happened:
The CLARITY Act (Digital Asset Market Clarity Act) is the bill that would create the first federal framework for crypto in the U.S.
A procedural motion to advance it failed 49 to 50 — it needed 60 yes votes to pass. The bill would establish rules for crypto markets and clarify the respective responsibilities of the SEC and CFTC.
Senator Thom Tillis moved to reconsider the cloture vote, but with midterms approaching, it's unlikely to be picked back up this year.
What happens next:
Attention now turns to the SEC and CFTC, which have already begun separate crypto rulemaking. Industry reaction has been pretty measured — firms are expected to keep building under the current SEC/CFTC approach rather than pausing completely.
Binance includes its standard disclaimer on that post: Includes third-party opinions, no advice.
Were you sharing this for the news itself, or were you trying to share a Binance cart / referral QR? That link also has your referral code (r=WR9N7RI0) in it, so anyone opening it via the Binance app would be linked to your share.
Crypto Leaders Turn to U.S. Regulators After Senate Rejects CLARITY Act Advance
Here's what it's about:
The post says crypto industry leaders are turning to U.S. regulators after the Senate voted 49-50 against advancing the CLARITY Act, and according to NS3.AI, the SEC and CFTC could issue rules to fill the legislative gap
What happened:
The CLARITY Act (Digital Asset Market Clarity Act) is the bill that would create the first federal framework for crypto in the U.S.
A procedural motion to advance it failed 49 to 50 — it needed 60 yes votes to pass. The bill would establish rules for crypto markets and clarify the respective responsibilities of the SEC and CFTC.
Senator Thom Tillis moved to reconsider the cloture vote, but with midterms approaching, it's unlikely to be picked back up this year.
What happens next:
Attention now turns to the SEC and CFTC, which have already begun separate crypto rulemaking. Industry reaction has been pretty measured — firms are expected to keep building under the current SEC/CFTC approach rather than pausing completely.
Binance includes its standard disclaimer on that post: Includes third-party opinions, no advice.
Were you sharing this for the news itself, or were you trying to share a Binance cart / referral QR? That link also has your referral code (r=WR9N7RI0) in it, so anyone opening it via the Binance app would be linked to your share.