Crypto's Clarity Act fails to advance in Senate
Elizabeth Warren argued that the bill’s revised ethics provisions would not adequately constrain President Trump’s crypto interests.
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Senate blocks cryptocurrency regulation as Democrats push back on Trump investments2 articles·2 sources·Avg cred 93/100
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tl;dr
The Senate voted 49-50 against advancing the Clarity Act, despite the bill’s proposed framework for regulating the $2.3 trillion crypto industry. Three Republican senators voted no, while Democratic opposition focused on President Trump’s crypto investments and the bill’s ethics safeguards.
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EWElizabeth WarrenD-Massachusetts
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57%43%
9 votes · rated by people, not pundits
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