According to Foresight News, the crypto advocacy group Stand With Crypto, along with several cryptocurrency companies, has issued a joint letter urging U.S. House representatives to expedite the passage of the CLARITY Act during next week's session. The letter emphasizes the need for a clear regulatory framework for the cryptocurrency industry.
The coalition expressed concerns over attempts to politicize crypto legislation, highlighting the transformative impact of cryptocurrency technology on the global economy. They warned that without supportive blockchain policies, the United States risks falling behind other nations in this rapidly evolving sector.