It’s time for clarity for America’s digital asset markets
The author argues that the U.S. Senate must pass the CLARITY Act to establish clear federal rules for digital assets.Summary
Recent HarrisX survey data indicates strong public support for federal crypto legislation, with a majority of voters wanting the United States to lead in setting global digital finance rules. The author contends that while the SEC and CFTC have attempted to coordinate, only Congress can provide the durable regulatory boundaries and registration requirements necessary for the industry.
The article highlights that digital assets are becoming integral to financial infrastructure, citing the use of Solana by firms like PayPal, Visa, and SoFi for stablecoin settlements and payments. To ensure the U.S. remains competitive and protects consumers, the author urges the Senate Banking Committee to move forward with the markup of the CLARITY Act, emphasizing that bipartisan support is essential for the legislation to be lasting and effective.
(Source：CoinDesk)