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CLARITY Act Isn’t Dead, but Washington Is Running Out of Calendar

News.Bitcoin.com
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CLARITY Act Isn’t Dead, but Washington Is Running Out of Calendar

The CLARITY Act finally reached its first real Senate floor test Tuesday and promptly hit a wall. Senators voted 49-50 against cloture on the motion to proceed to H.R. 3633, leaving the crypto market-structure bill 11 votes short of the 60 needed to advance. The bill isn’t technically dead, but with Congress racing toward its […]

Key Takeaways

  1. The CLARITY Act finally reached its first real Senate floor test Tuesday and promptly hit a wall.
  2. Senators voted 49-50 against cloture on the motion to proceed to H.R.
  3. 3633, leaving the crypto market-structure bill 11 votes short of the 60 needed to advance.
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.