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US Senate blocks new cryptocurrency law, leaving them in limbo

Los demócratas abortan el marco regulatorio integral para activos cripto diseñado por los republicanos al no incorporar mayores limitaciones a altos cargos de la Administración. Leer

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US Senate blocks new cryptocurrency law, leaving them in limbo

The US Senate has blocked a Republican-led bill to establish a comprehensive regulatory framework for cryptocurrencies. The bill, known as the Clarity Act, failed to pass with 49 votes in favor and 50 against. Democrats opposed the bill because it did not impose restrictions on high-ranking officials, including President Donald Trump, from trading in cryptocurrencies.

The bill aimed to divide oversight of cryptocurrencies between the SEC and CFTC, and establish rules for intermediaries and customer protection. Senator Elizabeth Warren and Mark Warner expressed concerns that the bill would allow Trump to personally benefit from cryptocurrency trading.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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