Clarity Act Faces Renewed Push in Lame Duck Session After Senate Vote Failure

The Clarity Act, which stalled in a U.S. Senate vote on October 15 with a 49-50 margin, could see renewed efforts during the lame duck session after November's midterm elections, according to reports.

U.S. Senator John Kennedy (R-LA) stated that the bill is not dead and that work to establish a framework for the virtual asset market must wait until the lame duck session, as reported by Odele.