Clarity will improve financial outcomes for American families, small businesses, and investors. Digital assets will transform our financial markets by expanding access, accelerating settlement, lowering costs, and increasing returns. Thanks @davidsacks @senatortimscott @patrickjwitt
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Tomorrow’s markup of the Digital Asset Market Clarity Act is a monumental step in making the U.S. the Crypto Capital of the World and maintaining America’s leadership in innovation. I applaud Chairman @SenatorTimScott and the Senate Banking Committee for working so hard to craft the necessary compromises to advance this legislation. At a staff level, I also want to thank White House crypto director @patrickjwitt for helping us get to this point. Finally I want to thank the crypto industry for its efforts. There are roughly 50 million people in the U.S. who own or use crypto. This legislation will ensure that this ecosystem can innovate and flourish for years to come.
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