The US Senate blocked the CLARITY Act, a landmark digital asset market structure bill, in a procedural vote on September 15–16, 2026, with Democrats citing concerns over ethics provisions and President Trump's personal crypto interests. Bitcoin fell nearly 4% to below $76,000 following the defeat.
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Senators from both parties blocked a landmark digital asset market structure bill in a procedural vote Tuesday, with Democrats citing continued concerns over ethics provisions meant to address President Donald Trump’s crypto business interests.
Bitcoin has fallen almost 4% over the past 24 hours to below $76,000 after the US Senate blocked the CLARITY Act late on Tuesday, derailing more than a year of bipartisan negotiations and leaving the crypto industry without the federal rulebook it has spent years pursuing.