Blockchain Association and CCI, along with more than 120 organizations, have sent a letter to the U.S. Senate urging the advancement of the "CLARITY Act."

On April 23, crypto lobbying groups the Blockchain Association and the Crypto Council for Innovation (CCI)—alongside over 120 institutions including Coinbase, Ripple, Kraken, and Circle—sent a letter to the U.S. Senate Banking Committee urging progress on advancing the CLARITY Act. The groups emphasized the U.S. urgently needs a unified digital asset market structure to clarify regulatory responsibilities, boost investor protection, and solidify its leadership in financial innovation. While the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have issued guidance in some areas, relying solely on enforcement actions cannot establish a long-term stable regulatory environment. The industry stressed that without clear policies, the U.S. risks losing its economic and strategic edge in digital assets—potentially driving capital, jobs, and technology outflows. The initiative also calls for adaptive regulatory oversight of stablecoins, tokenized assets, and decentralized technologies, with clear federal-level rules for market participants.