Coinbase, Crypto Firms Urge House to Pass CLARITY Act Swiftly

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Coinbase’s lobbying arm and dozens of crypto firms are urging the U.S. House of Representatives to swiftly pass the CLARITY Act, when lawmakers meet next week. In a letter sent on Monday, Stand With Crypto and 65 crypto advocacy groups asked lawmakers to support the bill, emphasizing the need for clear rules as the crypto industry rapidly evolves. The letter, backed by major industry players such as OpenSea and Dapper Labs, warned that the “U.S. risks falling behind” in global crypto leadership ...