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Crypto Advocacy Group Calls Action on Market Structure Bill ‘critical‘

Cointelegraph
Over 120 industry entities are urging the US Senate to advance the CLARITY Act to establish a comprehensive digital asset market framework.

Summary

More than 120 crypto and blockchain organizations, including the Crypto Council for Innovation and the Blockchain Association, have sent a letter to the US Senate Banking Committee demanding action on the CLARITY Act. The groups argue that passing this legislation is critical to preventing the migration of jobs and investment offshore, noting that the US is lagging behind other jurisdictions that have already implemented clear regulatory frameworks. While the bill passed the House in 2025, it faces delays in the Senate due to disagreements over stablecoin policy and concerns from stakeholders like Coinbase.

(Source:Cointelegraph)