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The Senate voted Tuesday to block a cloture motion on the Clarity Act, preventing the comprehensive crypto market-structure legislation from advancing. The failed vote deals a setback to the digital-asset industry's long-running push for clearer federal regulatory rules. The bill had been viewed as a potential framework for resolving jurisdictional disputes between the SEC and CFTC over digital assets. Its failure leaves the regulatory landscape for crypto trading and custody unsettled heading into the fall legislative session.