There were many conductors in the derailment of the crypto industry’s Clarity Act
Last minute, behind-the-scenes disputes locked in a dismal showing for the market structure legislation the industry pinned its greatest hopes on.
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Summary
- Both Republicans and Democrats are accusing each other of throwing last-minute wrenches into the Clarity Act works.
- The meager tally of yes votes for Clarity throws the effort into a tailspin, though some hold out hopes of an end-of-year, last-ditch strategy.
