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On September 15, 2026, local time, the U.S. Senate held a procedural vote on the Digital Asset Market Clarity Act. It ultimately failed to reach the 60 votes required to advance the bill, with 49 votes in favor and 50 against, leaving the crypto regulatory bill—crafted over more than a year—stalled once again.

The voting results showed that all Democratic senators and four Republican senators voted against it, reflecting a severe lack of bipartisan support. The core issue behind the bill’s collapse was controversy over its ethics provisions. Democrats argued that although the compromise version proposed by Republicans required public officials to divest their “significant crypto asset interests” or place them in blind trusts, enforcement authority would primarily rest with the Department of Justice, making it impossible to effectively constrain conflicts of interest involving the president himself and his family in crypto businesses. Senator Warren criticized the bill as “tailor-made for the Trump family to profit.”

The market reacted sharply, with Bitcoin plunging more than 5% at one point. The setback means that the U.S. crypto market will continue to face the absence of a federal regulatory framework for an extended period.