Providing a reliable tax framework is essential for the long-term growth of the digital asset ecosystem.
As shared in our recent industry coalition letter, modernizing our tax infrastructure ensures that creators, builders, and everyday users can move forward with confidence. Aligning policy with technological evolution fosters domestic innovation and maintains U.S. leadership in the global digital asset ecosystem.
We commend the U.S House @WaysandMeansGOP for dedicating time to examine these essential issues at the upcoming June 9 hearing.
It was an honor to have @berniemoreno, @HarryYJung, and @kylehauptman join @DigitalChamber and our members last night for a conversation on the Next Wave of American Innovation.
From allowing responsible innovation in prediction markets to pushing the Clarity Act over the finish line, the message was clear: the U.S. needs rules that protect consumers, support builders, and keep the future being built here.
🚨Senate Banking Committee just voted to advance the Clarity Act on a vote of 15-9
Gallego and Alsobrooks voted in favor
Next step: Banking + Ag committees will work to combine each of their portions of the bill to get ready for a full floor vote
Chairman @SenatorTimScott on GOP efforts to make the bill bipartisan: “Since June of last year, we have added 33,000 words and 219 pages to get this legislation as bipartisan as humanly possible.”