Over 100 Crypto Companies Call for Action on Clarity Bill
A coalition of over 100 crypto firms, including Coinbase and Ripple, urges the Senate to advance the Clarity Act to establish a federal framework for digital assets. The group highlights the need for clear SEC and CFTC oversight, protection for developers, and simpler disclosure rules to prevent regulatory fragmentation. This initiative aims to preserve American leadership in the global crypto landscape. (CoinDesk)
Proposal for Federal Framework
More than 100 crypto companies, including prominent firms like Coinbase and Ripple, are advocating for the Senate Banking Committee to prioritize the Clarity Act, which seeks to create a comprehensive federal framework for digital asset regulation.
Key Priorities Outlined
The coalition has identified several core priorities, such as:
- Clearly defined roles for the SEC and CFTC.
- Protection for developers of non-custodial tools.
- Streamlined disclosure regulations.
- Avoidance of inconsistent state laws.
Call to Action
The group warns that without a robust regulatory framework, the U.S. risks losing investments and jobs to other countries with established crypto regulations, such as the European Union. They urge the Senate to act swiftly in creating a favorable environment for digital assets.
Summary based on original reporting by Francisco Rodrigues at CoinDesk, originally published Apr 23, 2026. SolanaWire does not republish source content.
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