"Stand With Crypto emphasized the urgency of Senate Banking Committee action, framing inaction as detrimental to crypto users and companies seeking regulatory clarity. The petition calls for a markup of the CLARITY Act, which aims to establish a defined federal rulebook for the digital asset sector."
"The campaign links the CLARITY Act to essential issues such as consumer safeguards, fraud risks, and the need for innovation in the digital asset space. It argues that the development of digital assets should remain within the United States to foster growth and security."
Stand With Crypto called for immediate action from the Senate Banking Committee on April 28, urging a markup for the CLARITY Act. This push aims to address regulatory uncertainty affecting crypto users and companies. The petition emphasizes the need for clearer federal rules, linking the legislation to consumer protection, fraud prevention, and innovation. With over 15,900 signatures collected, the campaign seeks to reach a goal of 20,000. The CLARITY Act has bipartisan support and is in its final phase after passing the House in 2025.
Read at news.bitcoin.com
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