
Crypto stocks fall after Clarity Act vote
Coinbase, Circle and Galaxy Digital have fallen after the U.S. Senate rejected a procedural motion on the Clarity Act.
The Digital Asset Market Clarity Act has failed to advance after a 49-50 Senate vote fell short of the 60 votes required.
New York Attorney General Letitia James has led 17 other attorneys general in opposing the CLARITY Act.
Cynthia Lummis promoted provisions in the Digital Asset Market Clarity Act of 2025 designed to protect blockchain developers while strengthening law enforcement oversight of digital asset markets.