1200 technology companies jointly call for legislation; if the U.S. keeps delaying, it will truly fall behind—regulatory clarity is the key to competitiveness; don't let uncertainty continue to hold us back.

Crypto news: The Consumer Technology Association (CTA), representing more than 1,200 technology companies, has sent a letter to the Senate’s bipartisan leadership, urging the Senate to move forward and pass the Clarity Act as soon as possible to establish a clearer federal regulatory framework for the digital asset industry. The CTA said that regulatory uncertainty is affecting companies’ compliance, product launches, and long-term investment planning, and emphasized that open-source software developers and self-custody technologies should not be seen solely as financial intermediaries because they create tools. The CTA believes that, amid efforts in other jurisdictions to accelerate the establishment of digital asset rules, the U.S. needs to advance market-structure legislation as soon as possible to maintain competitiveness.