CLARITY Act gets procedural lifeline as Tillis moves to reconsider
- —Tillis switched his vote from yes to no and filed a motion to reconsider
- —The first procedural vote failed 49-50 against a 60-vote threshold
- —Tillis said this is not the end of the bill and negotiations are ongoing
Why it matters: Returning the bill to a vote reduces uncertainty for the U.S. crypto market, but the outcome of negotiations remains open.
Source: PANews