US Senator Says Clarity Act Rejection 'Not Surprising,' Leaves Door Open for Revival

US Senator John Kennedy (R-LA), a Republican, said the recent rejection of the Clarity Act was not unexpected, leaving room for its potential reintroduction. Speaking on the Crypto in America podcast hosted by Eleanor Terrett, Kennedy noted that 'the bill is not completely dead,' adding that the issue may need to wait until the end of the current congressional session to be addressed.

Senator Ted Cruz also referenced the movie 'The Princess Bride,' stating there's a big difference between being 'dead' and 'mostly dead,' expressing hope for the Clarity Act's revival. Cruz criticized Democrats for blocking the bill on political grounds, warning that such delays could push virtual asset businesses and jobs overseas.