Crypto’s Push Into Wall Street Suffers Setback After Bill Fails

Crypto’s long march into mainstream finance took a step backward Tuesday when the Senate failed to advance the Clarity Act, denying the industry a chance to turn its newfound influence...

By Olga Kharif and Scott Patterson · Bloomberg Markets

Crypto’s long march into mainstream finance took a step backward Tuesday when the Senate failed to advance the Clarity Act, denying the industry a chance to turn its newfound influence in Washington into fresh rules that could outlast the current administration.