Schwartz: US Senate blocked CLARITY Act for bank profits
- —The CLARITY Act failed to reach 60 votes: 49 for, 50 against
- —Hawley, Tillis, Moran and Collins voted against their party line
- —The SEC delayed the Teucrium 2x Short XRP ETF until October 11 — the 19th postponement
- —XRP corrected to $1.29 amid the regulatory pause
Why it matters: The bill's failure and the delayed XRP ETF approval keep regulatory uncertainty for US crypto products.
Source: U.Today