Bitcoin News
By Pankaj K
1 / 15
What Killed the Vote. Ethics provisions did a lot of the damage. The CLARITY Act included restrictions meant to stop…
2 / 15
What's Left on the Calendar. The legislative clock is brutal here. There are only 36 days left before the new Congress session…
3 / 15
Market Reaction and What Comes Next. Bitcoin's move below $75,000 wasn't surprising to anyone watching the vote closely.
4 / 15
The US Senate killed the CLARITY Act Tuesday. The vote landed at 49-50, well short of the 60 needed to even open floor debate on the bill.
5 / 15
That's a pretty significant blow for anyone who thought 2026 would finally be the year Washington sorted out crypto oversight.
6 / 15
Bitcoin dropped below $75,000 the same day. More than 5% gone in a single session.
7 / 15
Ethics provisions did a lot of the damage. The CLARITY Act included restrictions meant to stop government officials and their families from profiting off digital assets while in…
8 / 15
Then, basically a day before the vote, 18 state attorneys general came out against the bill.
9 / 15
It's worth sitting with that number for a second. Eleven votes short. Not close in any real sense.
10 / 15
Read also: Bitcoin Soars Past $70K as Fed Rate Hike and Clarity Act Approach
11 / 15
So the CFTC and SEC both continue operating without a clear statutory map of who regulates what in digital assets. That ambiguity has real costs.
12 / 15
Bitcoin's move below $75,000 wasn't surprising to anyone watching the vote closely. Markets had priced in at least some probability of passage, and when that went away, so did a…
13 / 15
The broader digital asset market took the news poorly too. Whether that reaction holds or reverses depends partly on what happens next in Washington, and partly on whether any…
14 / 15
Neither agency has said anything specific about next steps.
15 / 15
More context: Circle and Coinbase Plunge 10% as Senate Rejects CLARITY Act Vote
The Currency Analytics
Want the full story?