⏰ The encryption bill has not yet been passed:

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2 hours ago

⏰ The cryptocurrency bill has not yet passed:

The "Cryptocurrency Market Structure Bill" (also known as the "CLARITY Bill") had a key procedural vote early this morning,

which ultimately ended with 50 votes in favor and 50 votes against, failing to meet the required 60 votes threshold for passage;

This means that the vote on the "CLARITY Bill" did not pass, and it cannot enter the formal review process in the Senate in the short term.

The vote result does not equate to the bill being permanently dead, nor does it represent a final rejection of the bill; it simply indicates that the procedural debate on "whether to enter review" failed,

the bill cannot temporarily enter subsequent amendment discussions, but there is still a basis for principled support, though the current version has not formed a sufficiently broad bipartisan coalition.

One of the main authors of the "CLARITY Bill," Cynthia Lummis @SenLummis and @SenTedCruz, along with several political figures, stated that the main reason lies with the Democrats, who have never truly taken seriously the protection of consumers and the maintenance of America's leadership position.

They claimed it "brought politics into it," and warned that this could push the cryptocurrency industry and related jobs overseas.


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