CLARITY Act Failed. Now SEC and CFTC Could Rewrite U.S. Crypto Rules

The CLARITY Act failed to advance in the Senate. The attention now turns to SEC crypto regulation, agency rulemaking, tokenized markets, and another possible congressional attempt. CLARITY Act Failed in the Senate: What Happens to U.S.

Crypto Regulation Now Why the CLARITY Act Failed to Advance The CLARITY Act failed during a procedural Senate vote, not a final vote on the legislation itself. Lawmakers needed 60 votes to advance the measure, but supporters failed to secure the required support.

Related: Crypto Legislation in Trouble? Experts React After CLARITY Act Vote Disagreements spanned ethics provisions, stablecoin rewards, banking concerns, and the treatment of decentralized finance.

These disputes prevented supporters from building a coalition big enough to move the bill forward. The result leaves US crypto regulation dependent on existing securities and commodities laws.