Chris Dixon
@cdixon
Programming, philosophy, history, internet, startups, crypto. Managing Partner @a16zcrypto. See disclosures:
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The CLARITY Act has now passed out of the Senate Banking Committee with bipartisan backing and moves to a full Senate vote - a historic moment for crypto entrepreneurs and American consumers.
Crypto is not a red or blue issue. It is about whether the next generation of financial and internet infrastructure gets built in the United States.
Thank you to @SenatorTimScott and @SenLummis for your leadership on the committee, to @BankingGOP, @Sen_Alsobrooks, and @RubenGallego for their support, and to all of the staff who have worked tirelessly to get to this point.
It’s time to pass CLARITY.
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The Senate Banking Committee released the latest draft of the CLARITY Act last night. The draft has significantly improved since January and reflects years of bipartisan negotiations.
It’s time to get this passed.
This bill safeguards consumers, includes important developer protections, and gives crypto entrepreneurs the regulatory clarity they need to build here in the U.S.
We’re thankful for the hard work of the Senate Banking Committee and their staff.
We urge Senators on both sides to move quickly to advance it out of Committee, to the Senate floor, and ultimately be signed into law by the President.
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