Crypto industry advocate Cody Carbone has renewed calls for lawmakers to advance the CLARITY Act as Senate debate over the legislation continues without a scheduled floor vote.
Summary
- Cody Carbone urged lawmakers to advance the CLARITY Act, arguing crypto can lower payment and transaction costs.
- The bill faces opposition from anti-trafficking advocates and gambling industry groups over regulatory concerns.
- Ric Edelman said up to 95% of institutions without crypto exposure could enter the market if the CLARITY Act becomes law.
According to testimony delivered by Carbone, chief executive of The Digital Chamber, at a Senate Banking Committee hearing on affordability,…
