CLARITY Act stalls after Senate vote falls 49-50, short of 60-vote threshold

  • The Senate rejected a procedural vote advancing the CLARITY Act.
  • 49 senators voted for the measure and 50 against, below the 60-vote threshold.
  • Republicans said Trump accepted about 80% of Democratic ethics demands.

The CLARITY Act, a proposed crypto market-structure bill, failed to advance in the Senate after a procedural vote ended 49-50, well below the 60 votes required. The measure had been negotiated for more than a year and revised in 126 places. Republicans said Trump had accepted about 80% of Democratic ethics demands, but the remaining disagreements were the most difficult to resolve.

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CLARITY Act stalls after Senate vote falls 49-50, short of 60-vote threshold - CoinPost Terminal