Woofun AI reports that the Blockchain Association, Crypto Council for Innovation, and The Digital Chamber have jointly addressed Senate Majority Leader John Thune and Minority Leader Chuck Schumer. The associations urge immediate committee hearings on the CLARITY Act, which establishes a federal consumer protection framework for digital assets. The legislation mandates asset segregation, minimum financial resources, and disclosure obligations for intermediaries while granting the CFTC regulatory authority over digital commodity spot markets. The letter emphasizes that nearly 67 million Americans hold digital assets, yet a unified federal framework remains absent. It notes the House passed the bill with bipartisan support last year, including 78 Democratic votes. The associations warn that without clear rules, 88% of global crypto trading volume may shift to non-U.S. exchanges by 2025, with only 19% of developers remaining in the U.S.