JUST IN: 🇺🇸 ICE NYSE & OKX Joint Venture Co-Chair Andrew Cuomo talks CLARITY ACT on FOX 👀
"The U.S. should pass the Clarity Act. The rest of the world is ahead of us."
update: after careful deliberation from the team in the last 24 hours
world has made the decision to migrate off of solana and onto @RobinhoodCrypto chain
this tactful pivot was not made lightly
our sincere appreciation goes out to the solana foundation and community
Two hundred and fifty years of American innovation, American freedom, and American grit. The Clarity Act is this generation's contribution to that legacy. Let's finish the job!
1/ JPMorgan launched JLTXX, the OnChain Liquidity Token Money Market Fund, on May 13.
@jpmorgan seeded the fund with $100m of its own capital. Other launch investors brought day-one TVL to $200m. Seven weeks later, TVL has grown 248% to $695m as of July 3.
@ethereum is currently the only blockchain available for use by investors in the fund.
The U.S. share of global crypto development is shrinking.
Not because we lack talent, but because we lack clarity.
The Clarity Act fixes that. The delay will cost the U.S.
Tell your lawmaker to vote YES on Clarity 👇
We're excited about the US CLARITY Act.
We think all YC companies will use crypto technology, like stablecoins, before long. Not just crypto startups, not just fintech startups, but every company.
Here's why this law is such a big deal 🧵
https://t.co/39hENfAIZk
Giving the digital asset industry the commonsense rules it needs to thrive isn't a Republican issue or a Democrat issue. It's an American competitiveness issue. Pass the Clarity Act.
JUST IN: 🇺🇸More than 200 crypto companies and organizations, including @Solana Policy Institute, Jito Labs, Orca, and Phantom, signed a letter urging Senate leaders to bring the Clarity Act to the floor for a full Senate vote.
Today, ZKsync joined 200+ organizations urging the Senate to bring the Clarity Act to the floor.
This bill passed the Banking Committee with bipartisan support and would establish clear rules for digital asset markets and ensure 🇺🇸 competitiveness.
Now the Senate needs to act.