Regulation· ★★★★· bearish·

Clarity Act Fails in Senate: CoinDesk Names Six Reasons

  • —The Senate blocked the Clarity Act at a September procedural vote, with senators from both parties opposed
  • —The bill was meant to split SEC and CFTC oversight of the roughly $3 trillion crypto market
  • —Trump earned $1.4 billion from crypto projects in his first year back in office, over half his income
  • —The House passed its own version in July 2025 by 294 votes to 134
Why it matters: Without the law, the US spot crypto market stays in a gray zone, and SEC-CFTC guidance carries less legal weight and is easier to reverse.
Source: Cryptocurrency.tech
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