US Senate fails to advance CLARITY Act in 50-49 vote
The US Senate failed to advance the proposed CLARITY Act after it did not secure 60 votes required to clear a procedural hurdle; the vote was 50-49.
The US Senate failed to advance the CLARITY Act, a proposed law that would establish a federal regulatory framework for digital assets, after it fell short of the 60 votes needed to clear a procedural hurdle. The vote was 50-49. Four Republicans — Jerry Moran, Susan Collins, Josh Hawley and Thom…