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🧐 Representatives of the largest companies have overwhelmingly supported the CLARITY bill.
The vote on the bill in the U.S. Senate Banking Committee will take place today.
➤ Coinbase CEO: The CLARITY bill is closer than ever to being passed. It will help the US maintain leadership in the next-generation financial system and make financial services faster and more accessible.
➤ Ripple CEO: We support the CLARITY bill – the crypto market needs clear rules and investor protection, and the US should take a leading position in the crypto industry.
➤ Strategy CEO: CLARITY will help improve financial conditions for American families, small businesses, and investors. Digital assets have the potential to transform financial markets: expand access to services, accelerate transactions, reduce costs, and increase returns.
➤ Aave Founder: CLARITY could be a key step in giving DeFi developers confidence to build projects in the US thanks to clear rules and developer protections.
The issue of profitability, in my opinion, has always been secondary. What’s much more important is that the adoption of the CLARITY bill could give DeFi the same powerful boost that the GENIUS law gave to the stablecoin market.
➤ Bitwise CIO: The GENIUS law helped unlock crypto fundraising, and the next driver for tokenization could be the CLARITY bill.
➤ Fidelity: The CLARITY bill will benefit American investors and help the US maintain leadership in the digital assets space.