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Crypto suffers major defeat as Senate rejects Clarity Act : NPR

Crypto suffers major defeat as Senate rejects Clarity Act : NPR

The CLARITY Act would set a regulatory framework for the crypto sector for the first time in the U.S. But whether it can clear a key procedural hurdle in the Senate remains uncertain.

The Clarity Act would have set a regulatory framework for the crypto sector for the first time in the U.S.

Karen Bleier/AFP via Getty Images


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Karen Bleier/AFP via Getty Images

It was meant to be a game changer for the cryptocurrency industry. Instead, a key piece of legislation championed by both crypto executives and President Trump suffered a stinging…

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