Coinbase, Ripple and 100+ crypto firms urge Senate to more forward on Clarity Act markup
Crypto Briefing
Over 100 crypto firms are pressuring the Senate Banking Committee to advance the CLARITY Act to provide regulatory certainty for digital assets.Summary
More than 120 crypto companies and industry groups, including Coinbase and Ripple, have sent a letter to the Senate Banking Committee calling for an immediate markup of the CLARITY Act. The coalition argues that a federal market structure framework is essential to keep technological development and jobs within the United States. While the bill seeks to clarify the oversight roles of the SEC and CFTC, it has faced delays due to disagreements over stablecoin reward provisions and concerns raised by industry leaders regarding the current draft.
(Source：Crypto Briefing)