Senate Delays Clarity Act Vote
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- The Senate delayed the Clarity Act vote, with the bill's path now described as a "hail mary" for crypto's legislative priority.
- The crypto lobby objects to the Clarity Act, even as Chairman Scott publicly called for Senate action on digital asset market structure legislation.
Why it matters: The stalled vote jeopardizes the crypto industry's push for a federal digital asset regulatory framework, with the bill now drawing opposition from its own supposed beneficiaries in the lobby.
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