The U.S. Senate failed to pass the CLARITY Act on September 15, falling short of the 60 votes needed. This delays formal crypto legislation but does not end regulatory progress, as the SEC and CFTC plan to act under their existing authority. These agencies aim to implement rules within six months, though agency rules lack the permanence of legislation and remain vulnerable to court challenges. The setback may reinforce Bitcoin's dominance due to its clearer regulatory status compared to other crypto assets. Industry experts view the vote as a setback, not a final defeat, with ongoing efforts expected.
The recent U.S. Senate setback on the CLARITY Act offers context for crypto market watchers. For readers following cryptocurrency, here is Pluang's market snapshot as of Sep 21, 2026 04:31 WIB: out of 50 major cryptocurrencies, 26 rose and 23 fell. Notably, EOS gained 8.13% to Rp12.649, GRT rose 8.12% to Rp390 with 83% sell orders, while FIL dropped 7.47% to Rp16.738 with 91% sell orders.
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