Regulation· ★★★· neutral·

Ripple lawyer urges crypto industry unity after CLARITY Act fails

  • —The cloture vote on the CLARITY Act failed 49-50, short of the 60 votes needed
  • —Alderoty: "Politics beat policy — the industry needs to speak with one voice"
  • —NCA estimates there are 67 million crypto holders in the US
  • —Seven Democratic senators pledged to continue working on the bill
Why it matters: The failure of the market structure bill leaves crypto without federal rules, and a fragmented lobbying effort reduces the chances of a new compromise.
#XRP
Source: Bitcoin.com
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