One of the most crucial U.S. regulations for crypto markets couldn't secure enough support to clear the Senate's final 60-vote hurdle.
- The Senate’s failure to advance the Clarity Act dealt a major blow to the crypto industry’s push for a durable statutory framework, leaving firms reliant on agency rules that future administrations could reverse.
- Industry executives said the vote would not halt regulatory work at the SEC and CFTC or the broader adoption of regulated digital-asset infrastructure by banks, asset managers and crypto companies.
- The prolonged uncertainty could push investment and development toward jurisdictions such as the European Union, where the Markets in Crypto-Assets (MiCA) regulation provides a clearer rulebook.
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The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters :
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
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