200+ crypto firms push Senate for Clarity Act floor vote!

A coalition of more than 200 digital asset companies, trade groups, and grassroots organizations — including Coinbase, Ripple, Kraken, Andreessen Horowitz, Circle, and Binance US — delivered a letter to Senate Majority Leader John Thune and Minority Leader Chuck Schumer demanding a floor vote on the Digital Asset Market Clarity Act. Stand With Crypto organized the effort alongside the Blockchain Association, Crypto Council for Innovation, and The Digital Chamber, mobilizing a network of nearly 3 million advocates across all 50 states.

The letter argues the bill would establish a comprehensive federal framework for digital asset markets, clarify regulatory responsibilities, create workable registration pathways, and bring more digital asset activity into U.S.-regulated markets. "The Clarity Act gives Congress the opportunity to keep innovation, jobs, investment, and market activity here at home while strengthening America's role as the global leader in digital asset innovation," the signatories wrote.

Why it matters

The push follows the Senate Banking Committee's bipartisan passage of the Clarity Act last month, with Senator Cynthia Lummis declaring "the floor is next." Treasury Secretary Scott Bessent has publicly called on lawmakers to advance the legislation this summer, and White House crypto adviser Patrick Witt has described it as "pro-regulatory" and "pro-law enforcement." A separate letter last week from 160 former national security and law enforcement officials, organized by the Blockchain Association, added further political cover for passage.