The Senate's 49-50 procedural vote left the crypto market structure bill 11 short of what it needed, and every major token fell. XRP fell nearly 10% to $1.30, leading a broad cryptocurrency sell-off after the Senate failed to advance the Clarity Act in a 49-50 procedural vote. The bill was derailed by disputes over ethics safeguards, regulatory staffing and provisions addressing money laundering and terrorist financing. Crypto stocks suffered steeper losses than major tokens as attention s…
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