Over 200 crypto firms push Senate to pass CLARITY Act

Written by Jesse Coghlanstaff editorReviewed by Felix Ngstaff editorWritten by Jesse Coghlanstaff editorReviewed by Felix Ngstaff editorOver 200 crypto firms push Senate to pass CLARITY ActLatest NewsPublishedJun 9, 2026Crypto lobby groups representing hundreds of organizations urged Senate leaders in a letter to schedule a vote on a key crypto bill ahead of the midterms.More than 200 crypto companies and organizations have urged the US Senate to pass the CLARITY Act, amid concerns that continued stalling could see it miss an important legislative window.In a letter on Monday shared by crypto lobby group Stand With Crypto, the group called on Senate Majority Leader John Thune and Minority Leader Chuck Schumer “to bring the Clarity Act to the Senate floor without delay.”It said the Senate Banking Committee's vote last month to pass the bill took “months of serious, bipartisan work” and the Senate should “build on that momentum and give members the opportunity to advance durable market structure legislation.”The bill would outline how the Securities and Exchange Commission and the Commodity Futures Trading Commission would regulate crypto, but it has stalled multiple times in the Senate this year as lawmakers and lobbyists have disagreed on its provisions.Source: Stand With CryptoBanking groups have pushed for the bill to include a ban on platforms offering stablecoin yields, while the crypto industry has lobbied to include protections for developers of decentralized crypto platforms, both sparking months of negotiations between the groups. The letter, signed by the lobby groups Stand With Crypto, The Digital Chamber, the Blockchain Association, and the Crypto Council for Innovation, said the bill would keep crypto jobs, investment and market activity in the US and make the country a “global leader in digital asset innovation.”“Digital asset markets are global, growing, and central to the future of financial infrastructure,” the letter said. “The question before Co…

Over 200 crypto firms push Senate to pass CLARITY Act

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