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CLARITY Act Made 126 Concessions and Still Couldn’t Get 60 Votes

News.Bitcoin.com
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CLARITY Act Made 126 Concessions and Still Couldn’t Get 60 Votes

The Senate’s first full-floor test of comprehensive crypto market-structure legislation ended before the bill itself was even debated. On Sept. 15, senators failed to invoke cloture on the motion to proceed to H.R. 3633, the Digital Asset Market Clarity Act, after the opposition reached the point where 60 votes became mathematically impossible. Among those voting […]

Key Takeaways

  1. The Senate’s first full-floor test of comprehensive crypto market-structure legislation ended before the bill itself was even debated.
  2. 15, senators failed to invoke cloture on the motion to proceed to H.R.
  3. 3633, the Digital Asset Market Clarity Act, after the opposition reached the point where 60 votes became mathematically impossible.
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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.