As the clock ticks on Congress, the Solana Policy Institute is mounting an urgent push for Senate leaders to take up landmark cryptocurrency legislation.
In a letter sent Tuesday night to Senate Majority Leader John Thune and Senate Minority Leader Chuck Schumer, the organization argued that "the moment to act is now." "Passing the Clarity Act would give American builders, institutions, and consumers the certainty they need to compete globally and thrive domestically," said SPI President Kristin Smith and CEO Miller Whitehouse-Levine.
"A floor vote brings this bill one step closer to the President's desk for signature." The Senate has until the first week of August to try to get votes on several legislative measures before attention shifts to election season in November, making it more challenging to advance bills.
A pair of key Senate committees passed their version of the bill over the past year, and a fresh Republican-led version combining the two was released last week.
In an interview with Fox News on Tuesday, Thune laid out his priorities, including funding the government, getting through a package of nominations and potentially the Clarity Act.
