U.S. crypto firms unite to push for faster digital asset market structure legislation
📩 More than 100 crypto companies and organizations have jointly signed a letter to the U.S. Senate, urging lawmakers to accelerate the CLARITY Act and move faster toward a formal regulatory framework for digital assets. The move highlights a rare level of alignment across exchanges, venture firms, infrastructure players, and policy groups.
⚖️ The letter centers on drawing a clearer line between the SEC and CFTC, while also protecting software developers, non-custodial protocols, and DeFi from overly broad regulatory treatment. The signatories are also calling for less regulation by enforcement and a more unified federal rulebook.
🏛️ The bill already passed the House in July 2025, but progress in the Senate remains slow as debate continues around stablecoin yield and DeFi-related provisions. The industry’s renewed political push suggests the market is watching the next markup schedule very closely.
📈 If the legislative process shows clearer progress, it could become a constructive signal for digital assets and U.S.-listed crypto-related stocks. If delays continue, regulatory uncertainty may remain a key short-term overhang for the market.