Crypto Groups Urge US Senate to Advance Clarity Act

A coalition of crypto firms and advocacy groups has pressed the US Senate to advance the Clarity Act, warning that delays could push investment and innovation overseas.

The letter, signed by major firms including Coinbase, Circle, Kraken, and Ripple, highlights unresolved issues around stablecoin rewards, regulatory oversight, and protections for decentralized developers.

Lawmakers are being called on to act quickly, as the coalition warns that delays could drive jobs and technological development offshore.