US Senate Rejects Clarity Act with 49-50 Vote

The US Senate has rejected the Clarity Act, a comprehensive virtual asset (digital asset) bill, following a cloture vote of 49-50.

Cloture is the procedure requiring at least 60 votes to end debate and proceed to a final vote. The Senate's web page showed the Clarity Act cloture motion ended with 49 votes in favor and 50 against on Thursday (KST).

The vote fell short of both the required 60 votes for cloture and a majority, reflecting strong Democratic opposition and some Republican dissent.

All 45 Democratic senators voted against the cloture motion. Initially, experts expected most of the 53 Republican senators to support the bill, but three Republicans—Susan Collins, Josh Hawley, and Jerry Moran—voted against it.

Republican Senator Tom Tillis initially supported cloture but later reversed his position by submitting a request for reconsideration, which allows the bill to be voted on again in the full Senate.