Senate Democrats blocked a cryptocurrency regulatory bill after failing to secure stricter ethics limits on President Donald Trump’s crypto investments. The 49-50 procedural vote stalled an industry-backed effort to establish nationwide digital-asset rules.
Senator involved in negotiations over the bill’s ethics provisions
ALSO MENTIONED Melania Trump, Trump’s wife and co-launcher of a presidential meme coin; Patrick Witt, White House crypto adviser criticizing the failed vote; Steve Witkoff, Special envoy and co-founder of a crypto firm connected to Trump
Axios · 1w agoCrypto's Clarity Act fails to advance in Senate
Senator involved in negotiations over the bill’s ethics provisions
ALSO MENTIONED Melania Trump, Trump’s wife and co-launcher of a presidential meme coin; Patrick Witt, White House crypto adviser criticizing the failed vote; Steve Witkoff, Special envoy and co-founder of a crypto firm connected to Trump
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