The crypto industry has suffered a major setback after the U.S. Senate rejected a procedural motion to advance the Clarity Act, exposing the political obstacles facing an industry that has spent heavily to gain influence in the capital.
Industry firms like BitFuFu Inc. (NASDAQ: FUFU) will be watching what happens next on Capitol Hill in efforts geared at passing enabling laws to guide the digital assets industry as it seeks to deepen its penetration of the…
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