Today, a bipartisan group of leaders in the House took an important step in introducing crypto market structure legislation: the CLARITY Act. This follows the recent progress on sound stablecoin legislation and is crucial for ensuring US leadership in blockchain technologies.

The CLARITY Act shows a meaningful effort to strike the right balance between laying out appropriate guardrails for the industry while also supporting responsible entrepreneurship and innovation. It signals strong momentum toward smart regulation.

We look forward to working with policymakers to ensure strong consumer protections that build public trust while giving entrepreneurs the clarity — and level playing field — they need to keep innovating.

It’s time. Congress should move quickly and pass market structure legislation. The future of crypto in America depends on it. 🇺🇸