Bullish Stock Tumbles on Failed Regulatory Bill

Bullish stock took a hit on Wednesday, September 16, 2026, after a key regulatory bill for the cryptocurrency industry failed to advance in the Senate. The company's share price fell by 9.5% or $3.38 per share, with the current price sitting at $32.08.

The CLARITY Act, which aimed to create a set of rules governing how digital assets and cryptocurrencies are treated by regulators, required 60 votes to pass but ultimately fell short with a vote largely split along party lines.

Despite this setback, Bullish's CEO Johnny Rice remains optimistic about the prospects of legislation being passed in the future. However, he notes that 'when' is still unclear.