A coalition of more than 200 digital asset companies, trade groups, and grassroots organizations delivered a letter to Senate leaders John Thune and Chuck Schumer calling for a floor vote on the Digital Asset Market Clarity Act.
Stand With Crypto organized the letter alongside the Blockchain Association, Crypto Council for Innovation, and The Digital Chamber. The organization has mobilized a network of nearly 3 million advocates across all 50 states to push for the bill's passage, according to a statement shared with The Block on Monday.
Signatories, including Coinbase, Ripple, Kraken, Andreessen Horowitz, Circle, and Binance US, said in the letter that the bill would establish a comprehensive federal framework for digital asset markets, clarify regulatory responsibilities, create workable registration pathways, maintain protections for software developers, and bring more digital asset activity into responsible U.S. markets.
"The Clarity Act gives Congress the opportunity to keep innovation, jobs, investment, and market activity here at home while strengthening America's role as the global leader in digital asset innovation," the letter read.
The signatories also said the U.S. possesses the deepest capital markets, the strongest rule-of-law tradition, world-class entrepreneurs, and a long history of leading in financial innovation. Those strengths, the letter said, position the country to build and govern the next generation of financial infrastructure.
