Key Takeaways The Senate failed to invoke cloture on the motion to proceed to the CLARITY Act. Grayscale said the result was “not the outcome we hoped for” but pointed to continued regulatory work at the SEC and CFTC. The vote came one day after Republicans released a final CLARITY Act draft containing 126 changes they said Democrats requested. Grayscale Points to Regulatory Progress After Senate Vote Grayscale is looking beyond Congress after the Senate failed Tuesday to advance the CLARITY Act to formal debate, arguing on X that the crypto industry continues to make progress through the work of …