The Senate again failed to advance H.R. 3633, the Digital Asset Market Clarity Act, leaving the proposed U.S. crypto-market framework short of the 60 votes required to proceed. The latest account put the procedural vote at 50-49, while earlier reporting recorded a 49-50 result; both accounts describe the measure as stalled after all Democrats and four Republicans opposed advancement. The House had passed an earlier version 294-134 in July 2025, with support from 78 Democrats. The bill would divide oversight of digital assets between the Securities and Exchange Commission and Commodity Futures Trading Commission and establish rules for issuance, trading, custody, consumer protection and enforcement. Disputes over ethics restrictions affecting President Trump and his family, stablecoin rewards, decentralized finance and illicit-finance safeguards prevented a compromise. Coinbase fell 10.1% to $172.11 on Tuesday and Bitcoin declined about 2.4% toward $75,800 after the vote, underscoring the exchange's exposure to U.S. regulatory developments. The setback leaves the industry dependent on agency rulemaking, which can be challenged in court or changed by a future administration, while another Senate attempt this year appears unlikely before the midterm elections.