1/ Today, we're launching https://t.co/CpN1VVHFdP — a new website that helps companies, constituents, and crypto voters urge Senate leadership to bring the Clarity Act to the floor.
Your voice. Your story. Your vote.
🧵
https://t.co/rBA3zAMrE0
In less than a week the Senate votes.
Before the September 15 Clarity Act vote, make your voice heard.
Join the coalition, submit a letter, and urge the Senate to vote YES on Clarity.
It only takes a minute: https://t.co/dZ4oKvsxER
Students at the University of Michigan are making their voices heard for clear rules and a financial future built in America.
Thank you to @noahpolicy and @standwithcrypto for bringing the case for Clarity directly to campus.
The Senate should vote YES on Sept. 15.
Stand With Crypto is on the Diag at the University of Michigan 👏🛡️
SWC College Chapter President @noahpolicy is tabling for the CLARITY Act as part of our collaboration with @BlockchainAssn, showing students what clear rules mean for investors, institutions, and markets.
The Senate holds a cloture vote on September 15 on the CLARITY Act.
This week, campuses across the country are pushing for Clarity for America – and to build the future of finance in the United States.
Yesterday, students at Cornell University sparked conversations about how blockchain works, its potential benefits, and why clear rules are essential to building its future here at home.
On campuses across the country, students are standing up for Clarity.
We teamed up with @standwithcrypto to support students at 28 colleges and universities demanding clear digital asset rules to build the future here in the U.S.
Stay tuned as we highlight the students making their voices heard. 👇
end/ The stated reason for reopening this issue is deposit flight risk, but FDIC data says otherwise: U.S. bank deposits are up more than $800B in the three full quarters since GENIUS became law.
Less than a week out: the Senate should pass the bill with the compromise as written, a reflection of a debate and of the deal that's already been done.
https://t.co/FmqhneKPQq
1/ In less than a week, the Senate votes on Clarity. As we hit the home stretch, it's worth reviewing how we got here…because the bank lobby's fight over stablecoin rewards didn't start last month.
It started the week GENIUS became law.
🧵
5/ However, it’s clear that these “modest” changes are designed to torpedo the whole process.
As BA CEO @SummerMersinger wrote in response, "substantially similar" is elastic enough that "almost any program returning economic value to a customer can be made to look substantially similar to interest." And "solely" is the word keeping the ban from reaching activity-based rewards Congress chose to protect. The bank lobby is moving the goalposts.
https://t.co/RBi3Y6mDEA
.@Payward and @krakenfx are proud to stand with the @BlockchainAssn and the @crypto_council in support of their motion for a preliminary injunction against Illinois’s flawed Illinois Digital Tax Act.
This tax is a doozy. Condensing its many flaws into a single tweet would be challenging. Illinoisans deserve better. We hope the Court agrees.
“For years, Washington treated digital assets as a problem to contain. This is its opportunity to approach the blockchain as a technology to govern responsibly.”
As BA member @Alchemy’s @nishsitar makes clear, it's time to pass the Clarity Act.
Make your voice heard: https://t.co/BahzYogoFI
Washington has finally shifted away from a regulation-by-enforcement approach to blockchain and crypto. But we need clear, durable rules that protect consumers and give builders the confidence to invest resources, hire, and launch in the U.S. Time to write your Senators (H/T @BlockchainAssn’s Clarity For America website) to see if we can get the CLARITY Act pushed through.
My latest in @TradersMagazine: https://t.co/z9OLtdVlLR
This tax law on crypto in IL doesn't make any sense! It's the equivalent of being taxed for moving money from your checking to savings account or for just leaving money sit in a bank account. Very regressive. Here is our blog on the matter which links to our declaration letter, too. https://t.co/XV7LPTTzx4
Today, @BlockchainAssn and @Crypto_Council moved for preliminary injunction to block Illinois's Digital Asset Tax Act before it takes effect January 1.
Digital asset businesses are forced to spend millions building systems to try to comply with an unlawful and unclear tax, all under the threat of felony criminal penalties. We are asking the Court to stop this unlawful and unprecedented tax before it's too late.
Read our joint motion:
https://t.co/0mEatAq2HL
On campuses across the country, students are standing up for Clarity.
We teamed up with @standwithcrypto to support students at 28 colleges and universities demanding clear digital asset rules to build the future here in the U.S.
Stay tuned as we highlight the students making their voices heard. 👇
Villanova students are Standing with Crypto 🛡️
SWC College Chapter @NovaBlockchain is tabling for the CLARITY Act at @VillanovaU this week with @standwithcrypto and @BlockchainAssn.
The Senate holds a cloture vote on September 15 on the CLARITY Act. Add your voice 👇
Writing code does not make a developer a financial intermediary.
Regulation should follow custody and control, not code.
Tell the Senate to vote YES: https://t.co/dZ4oKvsxER