No Democratic senator voted last week to advance the Clarity Act in the U.S. Senate, leaving the bill short of moving to its next procedural stage. The measure is designed to set regulatory rules for digital assets and is also intended to reduce the cost of everyday transactions in the United States. The update was reported by Odaily and attributed to CoinDesk. The vote outcome means the legislation did not clear the step needed to continue through the Senate process at this stage.
No Democratic senator voted last week to advance the Clarity Act in the U.S. Senate, and the bill did not move to the next procedural stage.
The Clarity Act is intended to establish regulatory rules for digital assets and to reduce the cost of everyday transactions in the United States.
The update was reported by Odaily, citing CoinDesk.
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