100+ Crypto Firms Urge Senate to Advance Clarity Act

More than 100 crypto firms and industry groups urged the U.S. Senate to advance the Clarity Act in an April 23 letter seeking a federal digital asset framework. The coalition said Congress should define SEC and CFTC jurisdiction, tailor disclosure rules for blockchain-based assets, and avoid a fragmented state-by-state regime. The Senate Banking Committee has not scheduled a markup, leaving the bill in limbo as lawmakers weigh competing market structure proposals.

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