Crypto Lobby Calls for Swift Senate Vote on Key Regulatory Bill

Over 200 organizations in the cryptocurrency sector are urging lawmakers to promptly bring an industry-supported bill to a vote, as outlined in a recent letter provided to Bloomberg Government.

The coalition, including Stand With Crypto, Coinbase, the Silicon Valley venture capital firm Andreessen Horowitz, Ripple Labs Inc., Blockchain Association, Crypto Council for Innovation, and the Digital Chamber, has addressed the letter to Senate Majority Leader John Thune (R-S.D.) and Minority Leader Chuck Schumer (D-N.Y.).

They are calling on senators to arrange a vote on the proposed cryptocurrency regulatory framework known as the Clarity Act (H.R. 3633), which aims to create a structured market environment…