US Senate rejects crypto bill in 49–50 vote, bitcoin slides
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Neutral summary
The US Senate on Tuesday failed to advance the CLARITY Act, a landmark bill to regulate cryptocurrencies, falling short of the 60-vote threshold in a 49–50 procedural vote. Four Republican senators joined Democrats in opposing the legislation, which was backed by President Donald Trump; Democrats cited the lack of rules against presidential self-enrichment. Bitcoin dropped almost 4% over 24 hours to below $76,000, and crypto stocks tumbled. Circle CEO Jeremy Allaire and Blockchain Association CEO Summer Mersinger both said they still believe the industry can eventually get the regulatory framework it needs.
How it was framed
Outlets: 11. Countries: 8. Facts in the shared core: 3.
Publication timeline
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Коммерсантъ (outlet profile)
Законопроект США о криптовалютах не прошел голосование в Сенате. Законопроект США о регулировании криптовалют Clarity Act не набрал необходимые 60 голосов для продолжения рассмотрения. Трансляция заседания велась на сай…
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Forbes (outlet profile)
Crypto’s High-Roller Bet Comes Up Empty In The Senate. The Senate's 49-50 cloture vote killed the CLARITY Act for 2026. Crypto's high-roller bet came up empty, but the deeper failure belongs to Congress.
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Sydney Morning Herald (outlet profile)
‘Time to crime’: Trump’s grand plan dealt a serious blow. Donald Trump has just been dealt a big setback in his plan to make the US the crypto capital of the world.
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The Japan Times (outlet profile)
U.S. Senate fails to advance sweeping cryptocurrency bill in blow for industry. Four Republican senators joined Democrats in voting against the legislation, which was backed by President Donald Trump.
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BFMTV (outlet profile)
Le bitcoin a décroché de 5%: malgré un intense lobbying et le soutien de Trump, la grande loi sur les cryptos échoue au Sénat américain. Le grand texte de régulation des cryptomonnaies, le Clarity Act, n'a pas obtenu le…
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Heise (outlet profile)
US-Senat stimmt gegen Kryptogesetz: Bitcoin & Co. sacken merklich ab. Seit Wochen wirbt US-Präsident Donald Trump für ein Gesetz zur Regulierung von Kryptowährungen. Den Widerstand im US-Senat konnte er aber nicht brech…
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Euronews (outlet profile)
Bitcoin drops after US Senate blocks landmark crypto bill. Bitcoin has fallen almost 4% over the past 24 hours to below $76,000 after the US Senate blocked the CLARITY Act late on Tuesday, derailing more than a year of…
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Golem (outlet profile)
Digitaler Finanzmarkt: US-Senat blockiert Trumps Krypto-Gesetz. Die US-Demokraten lehnten das Krypto-Gesetz insbesondere wegen fehlender Regeln gegen die Bereicherung des US-Präsidenten ab. ( Kryptowährung , Politik )
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The Independent (outlet profile)
Trump dealt major crypto blow after making $1.4bn from family ventures. The bill, called the Clarity Act, fell 10 short of reaching the 60-vote threshold needed to advance
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Channel NewsAsia (outlet profile)
Analysis:Crypto bill's defeat shows limits of industry's political machine
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Bloomberg (outlet profile)
Clarity Act Could Still Pass, Says Circle's Allaire. Circle CEO and Co-Founder Jeremy Allaire says he still believes the Clarity Act could become law even though it failed to pass the US Senate. The bill would mainly le…
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Bloomberg (outlet profile)
Crypto Sector Not Giving Up on Congress: Blockchain Association. Senators from both parties blocked a landmark digital asset market structure bill in a procedural vote, sending crypto stocks tumbling. The bill would hav…
Factual core
- The US Senate voted against a cryptocurrency regulation law.
- The Clarity Act fell 10 votes short of the 60-vote threshold needed to advance in the Senate.
- The Clarity Act had the support of President Trump and intense lobbying efforts.