US Senate fails to invoke cloture on the CLARITY Act, 49-50

The US Senate failed to invoke cloture on the CLARITY Act by a 49-50 vote, short of the 60 needed to advance the crypto market-structure bill. The failed procedural vote was followed by roughly $300 million in crypto long liquidations and a drop in Bitcoin below $75,000.

Detected & updated continuously · Source: Nebula