Crypto Lobby Pushes CLARITY Act to Vote
The Crypto Council for Innovation, Blockchain Association, and The Digital Chamber have joined forces to urge the Senate to schedule a vote on the CLARITY Act.
The bill has passed the House and advanced in the Senate Banking Committee with a vote of 15 to 9, but still needs to clear the full Senate's 60-vote threshold.
The buyers are exchanges, project teams, and VCs eager to obtain federal market structure rules, while the selling pressure comes from policy resistance concerned about the SEC/CFTC boundary and rising compliance costs; this is a clear legislative drive benefiting leading platforms with clear compliance paths, while gray area projects are under pressure.
Source: Public Information
ABAB AI Insight
This round of joint lobbying is not surprising, as CCI and the Blockchain Association publicly supported the Senate committee's markup review back in May, and the Digital Chamber has consistently framed the CLARITY Act as "this year's last realistic window."
In terms of capital pathways, industry organizations are concentrating lobbying resources on a few swing votes and key procedural nodes, aiming not to debate ideas but to push the bill to a vote, then to pass the 60 votes, and finally to coordinate with the House version.
Historically, every time the crypto industry approaches institutionalization, two types of forces emerge simultaneously: on one side, exchanges, issuers, and VCs seek clear rules, while on the other side, there are opposing voices surrounding AML, ethics, and regulatory authority; the core of this dispute remains the division of labor between the SEC and CFTC.
Structurally, this is a typical regulatory change: once the market structure bill enters the full Senate voting stage, the core competition in the industry will shift from "who can tell the best narrative" to "who can survive under the rules."
ABAB News · Law of Cognition
- Once rules are formed, gray areas disappear first.
- The essence of lobbying is to push uncertainty onto opponents.
- Industry maturity means not more freedom, but more regulation.