When the Senate failed to invoke cloture on the Digital Asset Market Clarity (CLARITY) Act last month — a vote that would have begun debate about needed guardrails for digital assets — it turned its back on crypto-owning Americans. That move was a mistake, and it could burn lawmakers on Election Day.

One in four American adults now owns crypto — proving that the digital economy is here to stay, and that crypto is an everyday feature of life for a growing number of Americans. A third of crypto owners report using crypto to send money to friends or family. About one in five use it to cover housing and utilities or to buy groceries. At roundtable events nationwide, small-business owners have shared how they depend on digital…