200+ Crypto Groups Including Coinbase, Ripple Urge Congress Vote on CLARITY Act on June 7

According to NADA News, over 200 crypto industry groups including Coinbase, Ripple, Kraken, and Andreessen Horowitz sent a letter on June 7 urging Senate Majority Leader John Thune and Minority Leader Chuck Schumer to hold a floor vote on the CLARITY Act.

The letter, coordinated by Stand with Crypto, the Blockchain Association, the Crypto Council for Innovation, and the Digital Chamber, emphasizes that the act would strengthen the U.S. role as a global leader in digital asset innovation while keeping innovation, employment, and investment domestic. The move follows the Senate Banking Committee's passage of the bill in May.