Key Takeaways:
- A 49 to 50 vote was taken in the Senate but was short of the 60-vote threshold needed to move the CLARITY Act forward.
- The intent of the bill was to establish a federal framework which would make digital assets a clearer issue for the SEC and CFTC.
- Bitcoin has declined to $76,000 following the election, alongside main crypto related shares being weighed down.
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