Regulation· ★★★· neutral·

Waters criticizes CLARITY Act over Trump's crypto interests

  • —Senate fell short of 60 votes: 49 for, 50 against on the procedural vote
  • —Waters linked the failure to the absence of measures against Trump's crypto profits
  • —Seven Democrats said bipartisan work on the bill will continue
  • —Waters' H.R. 3573 bill proposes banning the president's crypto schemes
Why it matters: The failure of the CLARITY Act leaves US crypto market regulation uncertain until the end of 2026, increasing pressure on the industry.
Source: The Crypto Times
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