Bitcoin survives CLARITY Act failure: what's next
- —Bitcoin fell to $75,000 after the September 15 vote, then rose above $81,000
- —The bill failed to secure 60 Senate votes needed to advance
- —The failure preserves the current patchwork regulatory regime in the U.S.
- —The U.S. share of global crypto developers fell from 38% in 2015 to 19%
Why it matters: Regulatory uncertainty in the U.S. weighs on smaller companies, but the SEC continues to issue targeted rules without Congress.
Source: CryptoPotato