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Morning Edition · Monday, September 28, 2026Published at 1:43 AM EDT · New York
US Crypto Rulemaking Falls Back to States as the Clarity Act Collapses
Interviews with aides and industry participants describe a broken bill-writing process behind this month's failed Senate vote, while California's governor signed a law barring public officials from issuing meme coins.
The failure of the United States market-structure bill was procedural as much as political. Interviews with legislative aides and industry participants point to nearly every stage of the Clarity Act's drafting as a contributing cause of thi…
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Crypto Market-Structure Bill Stalls in the Senate
Ethics disputes over the president's personal crypto ventures keep displacing the substance of United States market-structure legislation, leaving digital-asset rules dependent on agency discretion rather than statute.
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