Top Crypto Industry Groups Pen Letter to Senate Leaders Urging Them To Support the Clarity Act

Top crypto industry groups including the Crypto Council for Innovation, Blockchain Association, and the Digital Chamber sent a letter to Senate leaders urging support for the Clarity Act, a draft bill aiming to establish federal consumer protection for digital assets. The bill, passed by the House but stalled in the Senate, faces opposition from banking chiefs over stablecoin regulations and has seen shifting support from entities like Coinbase and Goldman Sachs.