Senator Moreno calls crypto bill failure 'a sad day for the Senate'
- —Senator Moreno commented after the crypto bill was blocked
- —The bill failed to secure the necessary votes in the Senate
- —The failure of the CLARITY Act triggered a drop in bitcoin and altcoins
Why it matters: Without federal legislation, crypto regulation in the US will shift to the SEC and CFTC through individual rules.
Source: Google News (crypto query)
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