Clear federal rules for crypto exchanges protect consumers and drive responsible innovation. The evidence is clear from other major jurisdictions that are years ahead of the U.S. Thank you @ChairmanSelig and CFTC staff for your leadership. cftc.gov/PressRoom/PressRele…
Thank you to our Senate leaders and staff on both sides of the aisle for advancing the CLARITY Act to the final stages of consideration.
The countless hours of bipartisan negotiations and industry engagement over the last year to advance this text reflect a unified commitment to establishing clear rules of the road that will drive comprehensive customer protection and responsible innovation in America.
The U.S. continues to fall further behind the G20 in establishing these fundamental rules. It’s time to finish this job.
Thank you @LeaderJohnThune @SenLummis @SenatorTimScott @JohnBoozman and teams for your leadership.
lummis.senate.gov/press-rele…
One more critical step towards regulatory clarity in the US. Congrats and thanks to all the Senators and staff who worked so hard to get to “yea”. And to a community of innovators that has come together stronger than ever before to support clear rules in the US. Now it’s time to finish the job.
Today’s bipartisan vote in the Senate Banking Committee is an important signal of momentum for digital asset market structure legislation.
We congratulate Chairman @SenatorTimScott, @SenLummis, @RubenGallego, @Sen_Alsobrooks and Committee members on both sides of the aisle for advancing the CLARITY Act and continuing the constructive work needed to bring this framework to the Senate floor.
The case for action is clear. The U.S. is regulated across multiple layers today, but the CLARITY Act would establish the federal market structure framework needed to define digital asset categories, resolve SEC-CFTC jurisdictional lines, and create consistent standards for intermediaries.
Excited to welcome Summer as our new CEO @BlockchainAssn and look forward to working with her and the world class BA team to lead our industry into the next era of policymaking and innovation in the U.S.
Salute and thanks to @kristinsmith for her tireless leadership over the years and building such an incredible team of advocates from the ground up 🫡
Forward we march.
Big thanks and congrats to the @FinancialCmte and @HouseAgGOP for putting this discussion draft in play for input. After years of bipartisan work, the window is here for Congress to finalize market structure & stablecoin legislation before August. It’s time to advance clear rules of the road for our industry that will drive innovation and customer protection in the U.S. financialservices.house.gov/…
It was an honor to represent @krakenfx before the Senate Banking Subcommittee on Digital Assets. Thank you @senlummis and @SenRubenGallego for your bipartisan leadership to pass market structure legislation this year.
blog.kraken.com/news/industr…
