Tribal Sovereignty Wins a Senate Pause on the CLARITY Act
The CLARITY Act failed a 49-50 Senate cloture vote, leaving prediction-market sports contracts and tribal gaming concerns unresolved. The post Tribal Sovereignty Wins a Senate Pause on the CLARITY Act appeared first on ReadWrite .
The U.S. Senate rejected a procedural motion on Tuesday, preventing the CLARITY Act from advancing. The legislation aimed to regulate crypto markets and clarify the roles of the Securities and Exchange Commission and Commodity Futures Trading Commission. Senators voted 49-50 against cloture, failing to reach the necessary 60 votes.
The CLARITY Act would have established rules for crypto markets and clarified responsibilities, but its failure means it likely won't be considered in 2026. Senator Catherine Cortez Masto argued the bill would allow illegal gambling, stating it undermines law enforcement's ability to investigate crypto crimes. The Indian Gaming Association, tribal nations, and partner organizations had lobbied against any version of the CLARITY Act that didn't protect tribal sovereignty, concerns over the Indian Gaming Regulatory Act, tribal-state compacts, and state governments' right to regulate gaming.
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