Grayscale Urges Senate Vote on CLARITY Act Before August Recess

Grayscale urges immediate Senate vote on CLARITY Act to resolve regulatory uncertainty and maintain U.S. competitiveness in digital assets before the August break.

Woofun AI reports that Grayscale has urged U.S. Senate leadership to schedule a vote on the CLARITY Act prior to the August recess, citing risks to U.S. market competitiveness from continued delays. The firm communicated with Senate Majority Leader John Thune and Minority Leader Chuck Schumer, highlighting that persistent regulatory ambiguity exposes digital asset businesses to enforcement actions without a cohesive federal framework. The proposed legislation seeks to delineate oversight responsibilities between the SEC and CFTC, while establishing unified national rules covering market structure, custody, stablecoins, and developer protections.