Senate Leaves Town Without Voting on Crypto Bill, Dimming Its Chances of Passing The recent failure of the Senate to vote on the Clarity Act, a cryptocurrency regulation bill, has sent shockwaves through the industry.
The bill's inability to clear the Senate before the midterm elections is being hailed as a significant setback for advocates of greater regulatory clarity in the sector.
A System in Disarray The Senate's failure to act on the Clarity Act is just the latest example of the institution's inability to effectively address complex policy issues.