21h ago
Seven Senate Democrats say CLARITY Act talks will continue after 49-50 procedural defeat
The U.S. Senate’s CLARITY Act failed to clear a procedural vote, 49-50, stalling progress on crypto market-structure legislation. In the same session, spot Bitcoin ETFs recorded $450 million in net outflows in a single day. Attention has shifted toward the SEC and CFTC as a potential alternative path, while a Ripple executive said XRP already has regulatory clarity following a 2023 ruling. Separately, the House Ways and Means Committee advanced a federal crypto tax framework by a 38-5 vote.
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21h ago