A major setback occurred for the cryptocurrency industry. The outcome of a Senate vote is known, with 49 votes in favor and 50 opposed. This was not enough to meet the required threshold.

Further information about the vote and its implications can be found through the source. The vote was related to a measure that would establish regulatory framework for the industry.

The source reports that all Democrats and a few Republicans opposed the measure, leading to the shortfall in votes. Details about the measure and the vote are available from the source.