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Clarity Act Fails 49-50: What the Senate Vote Means for Stablecoin Rewards and Bank Deposits (2026)

The Senate rejected cloture on the Clarity Act 49-50 on September 15. The bill's Section 10404 was the only place Congress was going to decide whether a platform can pay you for holding a dollar token. It's now unwritten, the banks that wanted a stricter ban have no ban at all.
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The U.S. Senate has rejected the Clarity Act, the law that has been waiting for over a year to finally give a clear normative framework to the cryptos. Tuesday's vote ended with a clear 49-50, far from the 60 votes needed to advance the text. It is the most obvious sign of [...]

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🚨 The US Senate did not advance the CLARITY Act, which aimed to establish a cryptocurrency market framework. 📉 Following the vote, $XRP lost value, while XRP ETFs in the US continued to hold approximately 1.1 billion tokens. 🏛️ The bill aimed to clarify the boundaries of authority between the SEC and the CFTC and to introduce clearer rules for digital assets. 🔎 While uncertainty regarding XRP decreased for Ripple, regulatory questions remain…

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https://www.cryptela.com broke the news on Saturday, September 19, 2026.
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