https://www.live-feeds.com/feed/senate-fails-to-advance-crypto-bill-dooming-the-effort-this-congressContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/senate-fails-to-advance-crypto-bill-dooming-the-effort-this-congresshttps://www.live-feeds.com/feed/senate-fails-to-advance-crypto-bill-dooming-the-effort-this-congress#u72539Thu, 17 Sep 2026 08:51:14 +0000The United States Senate blocked the crypto industry's primary push for regulation by failing to advance the CLARITY Act on a 49-50 cloture vote. The failure dooms the legislative effort for the current Congress. The procedural defeat triggered an immediate market drop, causing three hundred million dollars in leveraged long positions to be liquidated. Bitcoin traded near a four-week low, and XRP tumbled nearly eight percent. Markets also braced for an upcoming Federal Reserve decision.Why it mattersThe failed vote represents a major regulatory blow to the cryptocurrency industry after ye