On the 16th, the U.S. Senate held a vote on whether to proceed with the 'Digital Asset Market Clarity Act,' which aims to define the market structure for cryptocurrencies. The vote failed to reach the required 60 votes for approval, resulting in its rejection.
Senator Ted Cruz (R-Texas) likened the situation to a famous line from his favorite film, the American fantasy movie 'The Princess Bride,' indicating that the situation is not hopeless and that...