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Democrats vote down crypto’s Clarity Act, citing ethics concerns and Trump’s vast crypto wealth

Photo: SiliconANGLE

What happened

A crucial vote on U.S. President Donald Trump’s landmark digital asset legislation, the Clarity Act, resulted in a crushing defeat for the cryptocurrency industry today. Earlier today, the Senate voted 50-49 against passing the Clarity Act, which aimed to regulate crypto assets at the federal level, as part of Trump’s push to establish the U.S. […] The post Democrats vote down crypto’s Clarity Act, citing ethics con…

Summary assembled by rule from the sources below

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