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Crypto's Clarity Act collapses on Capitol Hill

Original: Issue 110 – The Clarity Act collapses

The crypto industry's flagship legislation, the Clarity Act, has collapsed, prompting regulators to rush to reassure markets. Elsewhere, Sam Bankman-Fried is attempting to take his case to the Supreme Court, while crypto political action committees are spending roughly $30 million to unseat Ohio Senator Sherrod Brown, one of the industry's sharpest critics in Congress.

Why now: The failure of the industry's main legislative effort, combined with major political spending and SBF's appeal, is roiling crypto policy watchers.

Clarity ActSam Bankman-FriedSherrod BrownSupreme Court

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• Issue 110 – The Clarity Act collapses · Citation Needed

  Regulators race to reassure the crypto industry as the industry’s flagship legislation collapses, SBF tries his luck with the Supreme Court, and crypto PACs unleash $30 million against Sherrod Brown

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