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Crypto Shifts Focus to Trump Regulators After Coming up Short in Senate

Summary by The Hill
A cryptocurrency regulation bill appears to have little momentum left in the Senate after it came up short in a floor vote Tuesday, with the industry now turning its attention to Trump administration regulators to set the rules of the road. The Clarity Act failed to secure enough support to clear a procedural hurdle Tuesday…

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Without waiting for the bill to pass, regulatory measures will be implemented using existing powers. Michael Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), and Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), have instructed their respective agencies to currently […] Regulatory measures will be implemented using existing powers.

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The U.S. Senate has blocked the CLARITY Act, the rule that sought to order the regulation of cryptocurrencies in the country. The procedure vote ended with 49 supports and 50 rejections, far from the 60 votes it needed to move forward. The Commodity Futures Trading Commission (CFTC) is not going to wait for Congress to resolve the jam: its president, Mike Selig, announced that the agency will draft its own crypto rules. The CLARITY Act crypto as…

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Merca2.es broke the news on Thursday, September 17, 2026.
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