White House Crypto Council Director Post Remains Vacant as Bill Stalls
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4 Articles
What does the failure of the Clarity Act mean for cryptocurrencies? (Sponsored)
The CLARITY Act was designed to set clearer rules for how digital assets are classified and overseen in the US. Its failure in the Senate leaves American investors without that framework for now, and anyone watching the Ethereum price USD chart saw the reaction within hours. The much-lauded CLARITY Act failed to advance in the US Senate on Tuesday, September 15, in a severe setback for the digital assets and crypto industry. It fell 11 votes sho…
The CLARITY Act, issued by Digital Asset Market Clarity Act (H.R. 3633), is a US bill designed to divide the supervision of cryptovalues between the SEC and the forward market supervision CFTC and to require crypto exchanges to be registered nationwide. On 17 July 2025, the House of Representatives passed it with 294 votes to 134. On 15 September 2026, the Senate's request to open the debate failed with 49 to 50 votes; it required 60. The CLARIT…
The SEC closes on 20 October the consultation of its crypto standard after the failure of the CLARITY Act: safe harbor for tokens and market reaction.
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