The post Crypto Bill Faces Senate Hurdle Amidst Partisan Tensions appeared on BitcoinEthereumNews.com. Terrill Dicki Oct 24, 2025 19:09 U.S. Senate discussions on the CLARITY Act see tensions rise as Democratic senators criticize crypto CEOs over partisan alignments, complicating the bill’s passage. The U.S. Senate’s efforts to advance the CLARITY Act, a pivotal piece of legislation aimed at clarifying digital asset regulation, have encountered significant obstacles as partisan tensions flare. According to CryptoNews, Democratic senators have expressed strong disapproval of crypto CEOs, accusing them of aligning too closely with Republican interests. Senate Democrats Criticize Crypto Executives During a heated meeting on Capitol Hill, Democratic senators admonished industry leaders, urging them to cease acting as an ‘arm of the Republican Party.’ The exchange highlighted the deepening rift between political parties over the future of the CLARITY Act, a bill designed to establish a clear regulatory framework for digital assets. The discussions, which included notable figures such as Coinbase CEO Brian Armstrong, failed to produce a consensus, leaving the bill’s future uncertain. Armstrong described the talks as ‘very productive,’ despite the apparent discord, noting bipartisan support as a positive sign for the bill’s progress. Partisan Disagreements Over Bill Timeline Republican Senate Banking Chair Tim Scott emphasized the urgency of advancing the bill through his committee before Thanksgiving. However, Democrats have rejected this timeline, insisting on a co-authoring process that ensures bipartisan input. Frustrations were further exacerbated by a leaked Democratic proposal on regulating decentralized finance (DeFi), which sparked backlash from the industry. Senator Ruben Gallego voiced his displeasure with how the leak was managed, warning crypto executives against becoming too politically aligned. Market and Regulatory Implications The CLARITY Act, which passed the House with bipartisan support, aims to resolve longstanding regulatory ambiguities by distinguishing between securities and commodities within the digital asset market. The bill proposes that… The post Crypto Bill Faces Senate Hurdle Amidst Partisan Tensions appeared on BitcoinEthereumNews.com. Terrill Dicki Oct 24, 2025 19:09 U.S. Senate discussions on the CLARITY Act see tensions rise as Democratic senators criticize crypto CEOs over partisan alignments, complicating the bill’s passage. The U.S. Senate’s efforts to advance the CLARITY Act, a pivotal piece of legislation aimed at clarifying digital asset regulation, have encountered significant obstacles as partisan tensions flare. According to CryptoNews, Democratic senators have expressed strong disapproval of crypto CEOs, accusing them of aligning too closely with Republican interests. Senate Democrats Criticize Crypto Executives During a heated meeting on Capitol Hill, Democratic senators admonished industry leaders, urging them to cease acting as an ‘arm of the Republican Party.’ The exchange highlighted the deepening rift between political parties over the future of the CLARITY Act, a bill designed to establish a clear regulatory framework for digital assets. The discussions, which included notable figures such as Coinbase CEO Brian Armstrong, failed to produce a consensus, leaving the bill’s future uncertain. Armstrong described the talks as ‘very productive,’ despite the apparent discord, noting bipartisan support as a positive sign for the bill’s progress. Partisan Disagreements Over Bill Timeline Republican Senate Banking Chair Tim Scott emphasized the urgency of advancing the bill through his committee before Thanksgiving. However, Democrats have rejected this timeline, insisting on a co-authoring process that ensures bipartisan input. Frustrations were further exacerbated by a leaked Democratic proposal on regulating decentralized finance (DeFi), which sparked backlash from the industry. Senator Ruben Gallego voiced his displeasure with how the leak was managed, warning crypto executives against becoming too politically aligned. Market and Regulatory Implications The CLARITY Act, which passed the House with bipartisan support, aims to resolve longstanding regulatory ambiguities by distinguishing between securities and commodities within the digital asset market. The bill proposes that…