Browsing: Senate

Lawmakers blocked the Clarity Act on Tuesday a procedural vote, with the long-awaited legislation missing the 60 votes needed to advance it.

Senate Republicans have introduced a new 630-page version of the CLARITY Act, a significant crypto regulation bill affecting Bitcoin, XRP, and Ethereum. The updated bill clarifies distinctions between decentralized and non-decentralized finance protocols and maintains protections for software developers. However, it remains a Republican proposal without bipartisan support, facing skepticism from Democrats over unresolved ethics…