CoinScoopCLARITY Act stalls in Senate after failed procedural vote
The U.S. Senate blocked the CLARITY Act on September 15 with a 50-49 vote, failing to reach the 60-vote threshold required to advance. The bill, which aimed to establish a federal crypto market-structure framework, remains stalled as Congress prepares for the midterm election. Despite revisions intended to address Democratic concerns regarding ethics and profits, the legislation failed to secure bipartisan support.
Summaries are written by AI from the original article. Not investment advice.