CoinScoopUS Senate rejects CLARITY Act cloture vote
The US Senate failed to reach the 60 votes required to advance the CLARITY Act to a floor debate on September 16. Following the rejection, industry observers noted that regulatory oversight may continue to be led by the SEC and CFTC. Former CFTC Chair Christopher Giancarlo commented that the momentum for innovation remains ongoing.
Summaries are written by AI from the original article. Not investment advice.