CLARITY Act Stalls in Senate After 49–50 Vote Falls Short of 60
- —The motion drew 49 votes in favor and 50 against, 11 short of the 60-vote threshold
- —Coinbase spent roughly $2.2 million on federal lobbying in the first half of 2026
- —Industry lobbying outlays exceeded $4 million in Q3 despite the pullback
- —Stand With Crypto generated nearly 50,000 congressional contacts in the push
Why it matters: The industry's flagship market-structure bill is stalled ahead of the midterms, delaying regulatory clarity for U.S. crypto firms.
Source: The Coin Republic