The Digital Asset Market CLARITY Act did not move forward after a September 15 Senate procedural vote fell short at 49 to 50, needing 60 votes to proceed. All present Democrats and four Republicans voted against advancing the legislation, which had cleared the House in July 2025 by 294 to 134. The Senate never debated the bill's actual provisions.
Following November's midterm elections, which gave Democrats control of both congressional chambers, prospects for the CLARITY Act have dimmed. House Democrats now discuss alternative legislation centered on SEC authority rather than the CFTC framework the stalled bill proposed. The crypto industry increasingly expects regulators to establish rules while Congress regroups.
Read the full story on BSC News: CLARITY Act Stalls After 49-50 Senate Vote as Crypto Looks to SEC and CFTC Rulemaking
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