#claritynow
claritynow
60 views
4 Discussing
Hot
Latest
#USMayCoreInflationBelowForecast
The crypto industry is ramping up pressure on the Senate for the approval of CLARITY.$BTC
@Bitcoin In Washington, negotiations for the approval of CLARITY could dangerously stall. In response, a group of prominent crypto organizations sent a letter to Senate Majority Leader John Thune urging action. The letter calls on the Upper Chamber to pass the bill with developer protections intact.$BTC
#Bitcoin❗ Coinbase, Bitwise, and Kraken lead the list of signatories. Executives from these companies signed the document alongside a16z Crypto, Uniswap, Solana Labs, Anchorage Digital, Galaxy, and others. In total, over 60 firms support the provisions of the Blockchain Regulatory Certainty Act (BRCA), a text that is an integral part of the Act #ClarityNow .
Meanwhile, the signatories expressed their "gratitude to the Senate Banking Committee" for advancing "critical clarifications for software developers." Therefore, they urged the Senate to "pass the CLARITY Act with the bipartisan BRCA as it was advanced by the Committee."
The letter arrives at a tough time for the regulatory initiative in the crypto space. According to Polymarket, the odds of the CLARITY Act's approval dropped to 48% on Wednesday, down from 55% recorded days earlier. The decline is driven by increasing conflicts among lawmakers, fueled by executives from the traditional banking sector.
The crypto industry is ramping up pressure on the Senate for the approval of CLARITY.$BTC
@Bitcoin In Washington, negotiations for the approval of CLARITY could dangerously stall. In response, a group of prominent crypto organizations sent a letter to Senate Majority Leader John Thune urging action. The letter calls on the Upper Chamber to pass the bill with developer protections intact.$BTC
#Bitcoin❗ Coinbase, Bitwise, and Kraken lead the list of signatories. Executives from these companies signed the document alongside a16z Crypto, Uniswap, Solana Labs, Anchorage Digital, Galaxy, and others. In total, over 60 firms support the provisions of the Blockchain Regulatory Certainty Act (BRCA), a text that is an integral part of the Act #ClarityNow .
Meanwhile, the signatories expressed their "gratitude to the Senate Banking Committee" for advancing "critical clarifications for software developers." Therefore, they urged the Senate to "pass the CLARITY Act with the bipartisan BRCA as it was advanced by the Committee."
The letter arrives at a tough time for the regulatory initiative in the crypto space. According to Polymarket, the odds of the CLARITY Act's approval dropped to 48% on Wednesday, down from 55% recorded days earlier. The decline is driven by increasing conflicts among lawmakers, fueled by executives from the traditional banking sector.
Log in to explore more content