Crypto Lobbyists Ramp Up Outreach to Senate Democrats on Clarity

BLOOMBERG LAW ·

Years of lobbying went into the latest version of a landmark cryptocurrency bill unveiled Wednesday. Industry advocates say they’re cranking up their campaigns in the coming days to finish the job. “It’s already felt like it’s been at 100, but it’s time to ramp it up,” said Cody Carbone, CEO of The Digital Chamber. Carbone and others who back the legislation, known as the Clarity Act ( H.R. 3633 ) establishing federal oversight for crypto, say they will blanket the Senate — especially Democratic offices — to build bipartisan support. Even though many say they ... Providing news, analysis, data and opportunity insights. Log in to keep reading or access research tools and resources.

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Cryptocurrency lobbyists are stepping up efforts to educate US Senate Democrats on clarity, which is expected to play a key role in shaping opinion on cryptocurrency regulations.

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