#CryptoClarityAct Summer Mersinger, executive director of the Blockchain Association, stated: "Legislation regarding market structure is as complex by nature as it is vital for the future of digital assets in the United States. Clear and well-crafted regulations will determine whether the United States maintains its leadership in the global digital economy or cedes this advantage to other nations. The process behind the CLARITY Act demonstrates the careful approach needed to address these complex policy challenges, and its bipartisan support indicates the growing recognition in Congress that digital asset policy focuses on American competitiveness and innovation, not partisan politics."
The Club for Growth stated: "Cryptocurrencies are the most recent example of how free markets open new doors and improve the lives of Americans of all incomes and backgrounds. Driven by blockchain technology, which eliminates the need for financial intermediaries, cryptocurrencies drive economic growth and innovation by streamlining financial transactions, providing a reliable store of value, and expanding access to banking services that drive entrepreneurship. Unfortunately, regulatory uncertainty hampers the adoption of technology, putting the United States at risk of losing job-generating investments to foreign competitors. ...While the bill creates a new regulatory structure for stablecoins, this legislation generates greater freedom and innovation in financial transactions. Stablecoins are a financial vehicle that offers consumers and businesses more options beyond traditional financial institutions. ...The Club for Growth urges the Senate and House of Representatives to pass this sensible legislation and ensure that the United States remains the global hub for digital assets." $BNB #CryptoMarket4T
