A bipartisan bridge to the future: Why the Senate must finish the job on digital Assets
The Clarity Act’s recent markup proved that the momentum for regulation is there. It is imperative that Congress move the bill forward to establish rules this generation needs and a framework the next will inherit, urges Kim.
AI Summary
The Senate Banking Committee's markup of the Digital Asset Market Clarity Act (CLARITY) demonstrated bipartisan momentum for regulating digital assets, with senators emphasizing the urgency of establishing rules for this generation while creating a lasting framework for the future. Senator Alsobrooks highlighted the younger generation's interest in digital assets and the need for both opportunity and protection, while Chairman Scott framed the debate around economic opportunity and the American dream. The article argues that Congress must move the legislation forward to address digital asset policy proactively rather than reactively.