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#MoreThan200CompanieshavesentajointlettertotheSenateregardingClarityAct.
High Pressure from the Crypto World: “Submit the Clarity Act to a Vote”
More than 200 companies and institutions have sent a joint letter to the Senate regarding the Clarity Act, which is eagerly awaited by both the crypto and financial worlds. The banking sector continues its objections to the bill, which was recently approved by the Senate Banking Committee.
The struggle between the banking sector and the crypto world over the Clarity Act continues at full speed, with the latest move coming from crypto companies and institutions.
Many major players sent a jointly signed letter to the leaders of both parties in the Senate. The letter demands that the Clarity Act be submitted to a general vote in the Senate as soon as possible.
More than 200 Companies and Institutions Signed
The letter was organized by organizations that lobby on behalf of the crypto sector in the US. These non-profit organizations, funded by donations, prepared the letter, which was signed by more than 200 companies and other important entities.
As is known, the Senate Banking Committee passed this bill in May. However, some senators insist that "crypto ethics clauses" must be added to the bill. Because Trump and his family's crypto companies have raised conflict of interest allegations, some senators, mostly Democrats, are reluctant to vote "Yes" in the Senate general vote.
Finally, Angela Alsobrooks, a prominent senator who has worked to find a middle ground in the law and acted as a go-between for the banking sector and the crypto world, had stated that she would not vote "Yes" on the bill if ethics rules were not included.
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