Coinbase and other crypto institutions jointly wrote to the US Senate urging the passage of the CLARITY Act.

The Blockchain Association and CCI, along with over 120 industry organizations including Coinbase, Ripple, Kraken, and Circle, jointly wrote to the U.S. Senate Banking Committee, urging them to expedite the review process of the Clarity Act. The industry representatives stated that the U.S. needs to establish a unified regulatory framework for the digital asset market, clarifying regulatory responsibilities and strengthening investor protection; relying solely on enforcement and regulation cannot create a long-term stable environment. The organizations warned that prolonged policy ambiguity will lead to the outflow of capital, talent, and technology, weakening the U.S.'s strategic advantage. They also called for the development of suitable, unified federal regulatory rules for stablecoins, tokenized assets, and decentralized technologies.