Top US Crypto Exchanges Lobby for Regulatory Ease in CLARITY Act
Top US Crypto Exchanges Lobby for Regulatory Ease in CLARITY Act
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Major US crypto exchanges, including Coinbase, Kraken, and Gemini, are actively lobbying lawmakers to modify the CLARITY Act. They seek to remove a key provision, aiming to ease 'risk asset' regulations for the broader crypto market, as the anticipated framework faces continued delays in Congress.
Crypto Titans Rally: Top US Exchanges Lobby For Risk Asset Easing In CLARITY Act
Three of the United States’ largest crypto exchanges—Coinbase, Kraken, and Gemini—are pushing lawmakers to make a significant change to the anticipated CLARITY Act, the long-awaited framework for the crypto market that has been delayed for months in Congress. According to a Friday report by POLITICO, the companies have urged lawmakers to scrap one key provision.