Senate Vote Stalls Digital Asset Market Clarity Act in 49-50 Loss
Photo: TokenPost
The U.S. Senate stalled the Digital Asset Market Clarity Act with a 49-50 procedural vote, delaying proposed market-structure rules for digital assets while regulators continue acting under existing law. At 2:19 p.m. ET (18:19 UTC) on Sept. 15, senators voted 49-50 against advancing H.R. 3633 under the cloture procedure. The motion needed three-fifths support to advance. The bill would have established a framework dividing oversight of digital commodities and related market participants between the Securities and Exchange Commission and Commodity Futures Trading Commission. Two days after the vote, SEC Chairman Paul S.
Source: TokenPost
