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Clarity Act fails to advance after 60-senator procedural vote

  • The Clarity Act failed to advance in Congress on Tuesday.
  • The procedural vote required approval from 60 senators.
  • The bill aimed to help digital assets enter mainstream finance.

The Clarity Act, a bill designed to help bring digital assets into the mainstream financial system, failed to advance in Congress on Tuesday. The measure did not secure the approval of 60 senators required in a procedural vote, representing a setback for the crypto industry.

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