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Home Cryptocurrency

Stand With Crypto Calls for Urgent Senate Action on CLARITY Act

by FeeOnlyNews.com
3 months ago
in Cryptocurrency
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Stand With Crypto Calls for Urgent Senate Action on CLARITY Act
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Key Takeaways:

Stand With Crypto pressed lawmakers to move CLARITY Act review forward. Senate Banking Committee action could accelerate clearer digital asset rules. Supporters seek committee movement before broader crypto legislation can advance.

Stand With Crypto Presses Senate Committee for CLARITY Act Markup

Stand With Crypto called for urgent Senate Banking Committee action on April 28, asking supporters to demand a markup for the CLARITY Act. The push targets the next procedural step for digital asset legislation. It frames continued inaction as a problem for crypto users, developers, and companies seeking clearer federal rules.

The petition urges the Senate Banking Committee to schedule a markup for the Digital Asset Market Clarity Act (CLARITY Act). Stand With Crypto says the measure would reduce regulatory uncertainty across the digital asset sector and create a more defined federal rulebook for the industry.

The petition links the legislation to consumer safeguards, fraud risks, innovation, technology growth, and national security. It also argues that digital asset development should remain in the United States. As of writing, 15,924 signatures have been recorded, with new entries appearing within minutes. The page shows a 20,000-signature goal, with milestones at 2,000, 5,000, 10,000, and 20,000. The immediate ask is simple: put the CLARITY Act before the committee.

The CLARITY Act is in a final push phase in the Senate after passing the House with bipartisan support in 2025. Senate Agriculture advanced related market structure legislation in January 2026 that builds on the House-passed CLARITY Act, while the broader push remains stalled around Senate Banking Committee action. Supporters now view committee movement as critical before the 2026 midterm election cycle narrows the window for passage. The debate also includes unresolved issues over stablecoin rewards, ethics language for government officials, DeFi provisions, and market oversight lines between the SEC and CFTC. Recent reporting indicates the markup could shift into May, making the current petition push more urgent.

Stand With Crypto began as the Stand With Crypto Alliance, launched on Aug. 14, 2023. Crypto exchange Coinbase (Nasdaq: COIN) introduced it as an advocacy organization created to mobilize the crypto community in the legislative process. The launch described the Alliance as independent, on-chain, and powered by crypto supporters. It was presented as a grassroots movement designed to give crypto owners a stronger voice with lawmakers. That origin explains the current strategy: use public pressure to push Congress toward clearer crypto rules.

Markup Push Aims to Move Digital Asset Rules Toward Action

The campaign is built around legislative pressure from crypto owners and advocates. The petition says digital asset participants remain in gray areas while action is delayed. It argues that clearer rules would let developers build with certainty and help consumers participate with confidence. A markup would allow the Senate Banking Committee to review the bill and decide whether to advance it. For supporters, that committee step is the needed move before broader Senate action. Stand With Crypto’s website states:

“We cannot afford further delay. We have a once-in-a-generation opportunity to lead the world in digital asset technology and put the financial tools of the future within reach for every American. We call on the Senate Banking Committee to schedule a markup and pass the CLARITY Act without delay.”

The outcome sought is clear: a markup date and forward movement in committee. The campaign presents the CLARITY Act as tied to consumer protection, innovation and U.S. leadership in digital assets. Its message is urgent but narrow: crypto advocates want the Senate Banking Committee to act now.



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Tags: ActActioncallsclarityCryptoSenateStandurgent
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