Crypto Industry Seeks 'Plan B' After CLARITY Act Fails in Senate
The Senate's failure to advance the CLARITY Act has left the crypto industry searching for a 'Plan B'.
Gemini co-founder Tyler Winklevoss called on regulators, particularly SEC Chair Paul Atkins and CFTC Chair Michael Selig, to write clearer rules for the sector.
This comes after a 49-50 vote in the Senate fell short of cloture, preventing the bill from moving forward. The motion required 60 votes.