Key Highlights The crypto industry failed to secure Senate passage of the Clarity Act, but the legislation advanced farther than any previous crypto bill. Industry advocates say bipartisan agreements reached during the Clarity negotiations could support a future legislative effort. Crypto lobbying is continuing as the SEC and CFTC develop new policy and regulatory proposals. ...
Key Highlights Bitcoin demonstrated unexpected resilience, holding near $75,000 despite a Federal Reserve rate hike and the failure of the Clarity Act in the U.S. Senate. Market analysts indicate Bitcoin remains insulated from legislative setbacks, with derivatives traders having largely priced in the Senate’s rejection of the crypto bill. Bitfinex’s Jag Kooner notes the modest ...
Key Highlights The Clarity Act failed to advance in the U.S. Senate on Tuesday, securing only 49 of the 60 votes required for cloture. Bitcoin dipped briefly below $74,887 but stabilized rapidly, signaling traders had largely priced in the legislative risk. Analyst Mitchell Askew of Blockware Intelligence interprets the muted price reaction as evidence of ...
The U.S. Senate failed to advance the CLARITY Act on September 15, with a 49–50 procedural vote falling short of the 60-vote threshold required to move the legislation to formal floor debate. The outcome stalls a bill that previously passed the House of Representatives in July 2025 by a 294–134 margin. Senate Deadlock Halts Legislative ...
The Digital Asset Market Clarity Act failed to advance in the U.S. Senate on Tuesday, falling short of the 60-vote threshold required to proceed. The procedural vote tally stood at 49 in favor and 50 against, effectively stalling the comprehensive regulatory framework for digital assets. The outcome triggered immediate sell-offs across Bitcoin and altcoin markets. ...
XRP led a broad cryptocurrency sell-off Wednesday morning, plunging nearly 10% to $1.30 during Asian trading hours after the U.S. Senate failed to advance the Clarity Act, according to CoinDesk data. Major Tokens Slide Across the Board Ether followed with a decline of nearly 5% to approximately $2,410. Solana dropped 5% to just above $97, ...
Senate Stalls CLARITY Act, Amplifying Crypto Regulatory Uncertainty The U.S. Senate failed to advance the CLARITY Act today, a development that injects fresh uncertainty into the digital asset regulatory landscape. According to a report from Fireblocks, the legislative stall threatens to disrupt the independent rulemaking timelines of both the Securities and Exchange Commission (SEC) and ...
Treasury Secretary Scott Bessent is pressing the Senate to advance the CLARITY Act when lawmakers return from their August recess, renewing pressure on Congress to establish a comprehensive regulatory framework for digital assets. In a post on X, Bessent warned that further delays could weaken U.S. leadership in crypto and limit the government’s ability to ...