CLARITY Act vote fails as crypto adoption faces uneven path

The CLARITY Act has stalled after a Senate cloture motion received 50 votes to 49, falling 10 votes short of the 60 needed to begin debate on the crypto market structure bill. Summary The 50-49 result stopped the Senate from opening formal debate on the CLARITY Act. Polymarket odds of enactment in 2026 fell to 7% from 31% a day earlier. Bitget Wallet identified ETH as the token with the most regulatory uncertainty tied to the vote. Fireblocks expects crypto adoption to continue, though fewer institutions may move at scale. CLARITY Act falls 10 votes short in the Senate The U.S. Senate’s floor proceedings showed that the chamber failed to invoke cloture on the motion to proceed with H.R. 3633, the House version of the Digital Asset Market Clarity Act. Cloture required 60 votes, and clearing it would only have allowed senators to start debating the measure rather than approving it as law. Several senators who had participated in negotiations opposed the motion. Democratic Senators Angela Alsobrooks, Ruben Gallego, and Kirsten Gillibrand voted no, while Republican Senators Susan Collins, Josh Hawley, Jerry Moran, and Thom Tillis also withheld support. Tillis, who had worked on dispute...