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Industry Lobbying

1 GoKawiil brief on this topic

Crypto Industry's Clarity Act Stalls in Senate Despite Massive Lobbying Spend

A major cryptocurrency market-structure bill known as the Clarity Act has failed to advance, even after the industry poured hundreds of millions of dollars into lobbying efforts to secure its passage. The setback leaves crypto firms without the clearer federal rules they had hoped would settle long-running regulatory disputes.