[U.S. Crypto Asset Market Structure Bill CLARITY Fails Procedural Vote in Senate] The U.S. Crypto Asset Market Structure Bill CLARITY failed to reach the 60-vote threshold in a procedural vote in the Senate, with a result of 49 votes in favor and 50 against. Republican Senator Thom Tillis switched his vote from yes to no to file a motion for reconsideration, keeping the bill open for further review. Democratic Representative Shri Thanedar stated that there are only 20 legislative days left in the current Congress, making the likelihood of reaching a compromise very low. The current legislative obstacles center around former President Trump's digital asset holdings and related ethical constraint provisions. (Source: Reuters)