On Tuesday, the Senate failed to secure the 60 votes required to pass a procedural motion advancing the Digital Asset Market Clarity Act. Coming on the heels of a 294-134 House victory and years of bipartisan collaboration, watching this landmark piece of legislation stall on a procedural vote is deeply frustrating to many of us in the industry.
As a founder who has spent years championing this framework, it is natural to view Tuesday’s result as a significant setback. But even amid this disappointment, there is a silver lining for the digital asset ecosystem: we already won.