Following the U.S. Senate's failure to advance the Clarity Act, the U.S. cryptocurrency industry group Stand With Crypto issued a statement on the 16th (U.S. time 15th) expressing disappointment. The group highlighted growing dissatisfaction among cryptocurrency users, developers, and voters over Congress's delayed response.
The Clarity Act aims to clarify regulatory authority over cryptocurrencies between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), and to establish a framework for digital assets in the U.S....
