Crypto Groups Call for Urgent Action on Market Structure Bill

Crypto advocacy groups are urging US lawmakers to move forward on the CLARITY Act, a digital asset market structure bill. The legislation has been stalled due to government shutdowns and debates over stablecoin yield.

According to a recent letter signed by over 120 entities affiliated with the crypto industry, including exchanges like Coinbase and Kraken, timely action is critical. The US needs a comprehensive market structure framework to support domestic digital asset innovation, or risk migration of investment, jobs, and technological development offshore.