Coinbase Crypto Lobbying Group Calls on House of Representatives to Pass the CLARITY Act as Soon as Possible

Coinbase's crypto lobbying group, Stand With Crypto, along with several crypto companies, has released a joint letter calling on members of the U.S. House of Representatives to pass the CLARITY Act as soon as possible during next week's meeting to clarify the regulatory framework for the crypto industry. "We know that some are trying to politicize crypto legislation, but crypto technology is profoundly reshaping the global economy, and the U.S. risks falling behind other countries if it does not enact friendly policies to support blockchain technology as soon as possible." [ChainCatcher]