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U.S. Senate fails to advance Clarity Act amid crypto-ethics fight

An initial Senate vote to advance the Clarity Act fell short as the measure lacked the 60 votes needed, amid Democratic opposition tied to President Donald Trump’s crypto wealth.

The Senate’s initial move to advance the Clarity Act toward passage stalled on Tuesday after Democrats opposed the measure amid concerns over President Donald Trump’s extensive crypto holdings. The bill did not clear the chamber’s procedural hurdle, falling short of the 60 votes needed. Sen. , the bill’s lead architect, had…