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The Senate on Tuesday failed to advance the Clarity Act to the floor for a formal vote, as the digital asset market structure bill stalled again following more than a year of negotiations. Senate ...

“Clarity not passing is bad for the United States and bad for crypto,” wrote Matt Cole, CEO of bitcoin treasury company Strive (ASST). “As an American, I’m frustrated but not surprised it didn’t pass.

Washington — The Senate on Tuesday failed to advance a sweeping cryptocurrency bill known as the Clarity Act, amid opposition from Democrats and a handful of Republicans. In a 49 to 50 vote, the ...