Regulation· ★★★· bearish·

CoinDesk: CLARITY Act failure caused by last-minute behind-the-scenes disputes

  • The CLARITY Act failed a procedural vote in the U.S. Senate
  • Last-minute behind-the-scenes disputes were cited as the cause
  • The market structure bill was the industry's main hope
Why it matters: Without the CLARITY Act, U.S. crypto regulation remains uncertain, weighing on the market and delaying institutional inflows.
Source: CoinDesk