United States Capitol building photographed for a crypto market-structure bill story.

200-Plus Crypto Firms Tell the Senate: Bring the CLARITY Act to the Floor

June 8, 2026 1:02 pm Comments

More than 200 crypto companies, trade groups, and grassroots organizations signed a letter this week urging Senate leaders to bring the Digital Asset Market Clarity Act to a floor vote.

The Block reported the effort on June 8, 2026. Stand With Crypto, the Blockchain Association, the Crypto Council for Innovation, and The Digital Chamber led it.

The signatory list reads like a roll call of the U.S. industry. Coinbase, Ripple, Kraken, Andreessen Horowitz, Circle, and Binance.US all signed on.

This is the rare moment where exchanges, issuers, venture firms, and grassroots advocates are asking Washington for the same thing at the same time.

The Block reported that more than 200 organizations signed the letter and that Coinbase, Ripple, Kraken, Andreessen Horowitz, Circle, and Binance.US were among the signatories.

The letter went to Senate Majority Leader John Thune and Senate Minority Leader Chuck Schumer, according to DailyCoin.

DailyCoin added these details:

More than 200 digital asset companies, trade associations, and grassroots organizations have signed a joint letter calling on Senate Majority Leader John Thune and Minority Leader Chuck Schumer to schedule a full Senate floor vote on the Digital Asset Market Clarity Act (Clarity Act), signaling the crypto industry’s most coordinated lobbying push yet as the bill clears its last major committee hurdle.

The letter is backed by major crypto industry participants including Coinbase, Ripple, Kraken, Circle, Binance US, and venture firm Andreessen Horowitz, alongside trade groups such as Blockchain Association, Crypto Council for Innovation, The Digital Chamber, and advocacy group Stand With Crypto, supported by network of nearly 3 million advocates across all 50 states.

According to the letter, the bill would establish a comprehensive federal framework for digital asset markets, clarify regulatory responsibilities between the SEC and CFTC, create workable registration pathways for market participants, maintain legal protections for software developers, and draw more digital asset activity into regulated US markets.

The letter argues that clear US rules are essential to keeping innovation, jobs, and capital within American borders and that the country already has the infrastructure needed to lead the world in digital finance.

The pitch is a comprehensive federal framework for digital asset markets, with clear lines between the SEC and CFTC.

It also promises workable registration pathways, protections for software developers, and a path to bring more crypto activity into responsible U.S. markets.

Those are the questions that have hung over American crypto for years. Builders want to know which regulator they answer to and what counts as a security.

The grassroots side matters here too. Stand With Crypto says it has mobilized nearly 3 million advocates across all 50 states.

That kind of voter network is what turns a lobbying letter into political pressure a senator can feel back home.

The bill already cleared a real hurdle. The Senate Banking Committee passed the CLARITY Act with bipartisan support, and Sen.

Cynthia Lummis says the floor is next.

Blockonomi added these details:

More than 200 digital asset companies and trade groups urged Senate leaders to schedule a floor vote on the Digital Asset Market Clarity Act. Stand With Crypto coordinated the letter with the Blockchain Association, the Crypto Council for Innovation, and The Digital Chamber.

The coalition addressed Majority Leader John Thune and Minority Leader Chuck Schumer and called for immediate Senate action.

Stand With Crypto said it mobilized nearly 3 million advocates across all 50 states to support the bill. The group stated that it delivered the letter to Senate leadership on Monday.

The coalition said the measure would create a comprehensive federal framework for digital asset markets.

The signatories included Coinbase, Ripple, Kraken, Andreessen Horowitz, Circle, and Binance US. They wrote that the Clarity Act would clarify regulatory roles and establish workable registration pathways.

They added that the bill would maintain protections for software developers and encourage digital asset activity within U.S. markets.

The letter followed the Senate Banking Committee’s bipartisan approval of the Clarity Act last month. Senator Cynthia Lummis wrote on X that the bill passed committee and that “the floor is next.”

Committee passage and a floor vote are two different things. The full Senate has not approved the bill, and it is not law.

A coalition this broad does not assemble itself often, and getting committee momentum to the floor is the next real test for crypto in Washington.

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