The failed Clarity Act vote does not mean the proposed crypto legislation is finished, U.S. Senator John Kennedy said. Kennedy said he was not surprised by the outcome and believes Democratic colleagues recognize the need for a deliberately designed cryptocurrency market structure (rules governing the industry), but said the work will have to wait until the lame-duck session (post-election legislative period). U.S. Senator Ted Cruz cited the film The Princess Bride to distinguish between being dead and almost dead, expressing hope that the bill can be revived. Cruz blamed Democrats for playing politics and pushing cryptocurrency industry activity and jobs overseas. The comments were reported by a Fox Business crypto reporter in a post on X.