Crypto Industry Urges Senators to Tee Up Vote on Regulatory Bill

More than 200 crypto companies and lobbying groups are calling on senators to bring an industry-backed bill up for a vote “without delay,” in a new letter shared first with Bloomberg Government.

Stand With Crypto, Coinbase, Silicon Valley venture capital firm Andreessen Horowitz, Ripple Labs Inc., Blockchain Association, Crypto Council for Innovation, the Digital Chamber, and others signed a letter addressed to Senate Majority Leader John Thune (R-S.D.) and Minority Leader Chuck Schumer (D-N.Y.).

They’re urging senators to schedule a vote on cryptocurrency regulatory legislation, dubbed the Clarity Act (H.R. 3633), that would establish a market structure ...