The Senate on Tuesday voted to block the Clarity Act from advancing, dealing a blow to the crypto industry's push for a comprehensive market framework.
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WorldPingOne of the most crucial U.S. regulations for crypto markets couldn't secure enough support to clear the Senate's final 60-vote hurdle.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingCircle and Coinbase shares fell about 10% as the failed Senate vote weighed on crypto-linked equities, with Bitcoin miners and treasury companies also declining.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingThe Senate fell short of the 60 votes needed to advance the crypto industry's marquee bill Tuesday. Bitcoin dropped as the no tally mounted, but the move stopped well short of panic.
Brief by WorldPing · Original reporting by Decrypt
WorldPingThe crypto market structure bill failed to receive enough votes to advance in the Senate.
Brief by WorldPing · Original reporting by Decrypt
WorldPingCoinbase, Circle and Galaxy lead a broad crypto stock selloff after the U.S. Senate failed to advance a long-awaited market structure bill.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingAn initial vote to try to push the Clarity Act closer to becoming law fell flat amid opposition to President Trump's crypto wealth.
Brief by WorldPing · Original reporting by The Block
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