Senate fails to advance Clarity Act, markets stall on digital asset bill

On Tuesday, the Senate failed to advance the Clarity Act to the floor for a formal vote, stalling the digital asset market structure bill after more than a year of negotiations.

Republicans introduced last‑minute revisions in an effort to garner enough support to break a filibuster, but Democrats still had remaining concerns, leaving the bill pending.

The failure to advance the bill could impact the S&P 500 and Nasdaq, as investors anticipate how the market will respond to the Fed and the new structure.

Read the full story at investors.com.