BREAKING: U.S. Senate procedural vote stalls CLARITY Act; measure falls short of 60-vote threshold

The CLARITY Act's failure to clear a 60-vote procedural hurdle signals stalled progress on U.S. crypto market-structure legislation. The setback sustains regulatory uncertainty around jurisdiction, compliance expectations, and exchange/broker obligations, which can weigh on near-term risk appetite and liquidity across major crypto assets. It may also increase headline sensitivity to enforcement actions and agency guidance until a new legislative path emerges.