CLARITY Act Made 126 Concessions and Still Couldn’t Get 60 Votes

Crypto Insight Summary: The Senate’s first full-floor test of comprehensive crypto market-structure legislation ended before the bill itself was even debated. On Sept. 15, senators failed to invoke cloture on the motion to proceed to H.R. 3633, the Digital Asset Market Clarity Act, after the opposition reached the point where 60 votes became mathematically impossible. Among those voting […] Crypto Insight Analysis: Direction: Bearish crypto Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Regulatory uncertainty increases as crypto legislation fails to advance.