Crypto War Room

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[Crypto War Room @Crypto_WarRoom]

.@SenTuberville: “It’s time we bring the Clarity Act to the floor.”

Clarity offers strong ethics provisions, bolstered illicit finance safeguards, and enhanced national security protections.

America’s crypto dominance hinges on Clarity getting across the finish line.

[Coach Tommy Tuberville @SenTuberville]

America needs to lead the world in financial innovation.

Investors need transparency and law enforcement needs stronger, meaningful enforcement methods.

It’s time we bring the Clarity Act to the floor.

[Crypto War Room @Crypto_WarRoom]

UPDATE: Sen. Thom Tillis says his bipartisan ethics proposal on the Clarity Act could reach the White House by Friday, per @BrendanPedersen

[Crypto War Room @Crypto_WarRoom]

NEW: Sens. Ruben Gallego (D-AZ) and Thom Tillis (R-NC) are “finalizing language” of a bipartisan ethics counteroffer on the Clarity Act — POLITICO

[Crypto War Room @Crypto_WarRoom]

NEW: Jack Dorsey’s Block has sent a letter to Senate leadership urging them to pass the Clarity Act.

[Bitcoin at Block @BitcoinatBlock]

Today, @Blocks sent a letter to Senate leadership with one ask:

Move the Clarity Act to the floor for a vote.

This bill would provide long-awaited regulatory clarity, while enshrining critical developer protections (BRCA) and the right to self-custody into law.

The time is now.

[Crypto War Room @Crypto_WarRoom]

.@SenLummis slams Senate Dems for obstructing the Clarity Act despite the sweeping concessions and amendments Republicans delivered:

“It’s a deliberate decision to run out the clock and kill a bill rather than risk a no-vote on the record with constituents and industry to answer to.”

[Crypto War Room @Crypto_WarRoom]

.@SenLummis outlines the Clarity Act’s landmark ethics provisions:

“President Trump voluntarily delivered the strongest set of ethics provisions in U.S. history... We’re talking about a first-of-its-kind ban on any covered individual — [including] the President — issuing or sponsoring a digital asset… He’s willing to put his existing digital assets in a blind trust or divest himself of them entirely under established ethics procedures.”

[Crypto War Room @Crypto_WarRoom]

WATCH: @SenLummis on the Senate floor details Democrat demands that Republicans incorporated in the Clarity Act:

[Crypto War Room @Crypto_WarRoom]

.@SenLummis emphasizes the Clarity Act’s crime-fighting teeth:

“The National Fraternal Order of Police endorsed this bill… We listened and worked to secure dozens of illicit finance and anti-money laundering provisions that give law enforcement the tools they need, and they can hold bad actors accountable now.”

[Crypto War Room @Crypto_WarRoom]

.@SenLummis spotlights the Clarity Act’s bipartisan support:

“This bill is bipartisan. It has always been about keeping an industry we want here, here to stay, but regulated in the right way.”

[Crypto War Room @Crypto_WarRoom]

.@SenLummis on the Senate floor touts the Clarity Act, rips Dems for stalling the bill:

“This is a very good bill — good for the country, good for consumers, and good for the people we all represent on both sides of this aisle... After 11 months of giving nearly everything that was asked of us, I am genuinely struggling to understand what else my colleagues across the aisle think it needs before we act.”

[Crypto War Room @Crypto_WarRoom]

.@ThenCorey, Deputy General Counsel for @circle, touts the Clarity Act, says “we absolutely need certainty”:

[Crypto War Room @Crypto_WarRoom]

.@ThenCorey for @circle on why the Clarity Act’s framework is essential to fostering America’s unmatched innovation:

“The United States is the technological leader in the world — we are the innovators… For innovation to truly flourish in financial services, you have to have rules and regs around it.”

[Crypto War Room @Crypto_WarRoom]

.@SenLummis on the critical importance of passing Clarity to secure America’s financial supremacy:

“We’ve always been the leader in the world… This helps us shore up the U.S. dollar as the world reserve currency… We’ve got to lead in this area.”

[Crypto War Room @Crypto_WarRoom]

.@SenLummis stresses the importance of passing the Clarity Act to establish clear rules of the road:

[Crypto War Room @Crypto_WarRoom]

.@SenLummis says if the Clarity Act’s killed, we lose a multi-trillion-dollar industry and consumer protections:

[Crypto War Room @Crypto_WarRoom]

.@SenLummis exposes big banks’ bait-and-switch on the Clarity Act:

“The banks continue to be unhappy with a compromise that they agreed to many, many months ago.”

[Crypto War Room @Crypto_WarRoom]

.@SenLummis highlights the Clarity Act’s robust ethics provisions:

[Crypto War Room @Crypto_WarRoom]

.@SenLummis underscores the illicit-finance safeguards in the Clarity Act:

“It is now very pro-law enforcement; it complies with the Bank Secrecy Act and the Anti-Money Laundering Act, it protects consumers, it has adequate protections against illicit finance… Now, we even have the support of the Order of Police and several other law enforcement organizations on this bill.”

[Crypto War Room @Crypto_WarRoom]

NEW: @SFOF_States's @OJOleka writes, "Big banks are doing everything to throw sand in the gears of progress on the Clarity Act," adding that the bill "would benefit Kentuckians and all Americans looking to participate" in the digital asset market.

https://t.co/Vr1EXrA3Nv

[Crypto War Room @Crypto_WarRoom]

.@Bloomberg: Up to 10 Senate Democrats appear open to passing the Clarity Act:

“There are 7 to 10 Democrats who sound like they want to ultimately pass a bill…”

[Crypto War Room @Crypto_WarRoom]

BIG BOOST FOR CLARITY: @CTAtech, America’s largest technology trade association, is calling on the Senate to bring the Clarity Act to the floor.

“Clear rules encourage responsible innovation, promote confidence in new technologies, and allow companies to build in the United States instead of looking elsewhere.”

[Michael Petricone @mpetricone]

The bipartisan work is done. The House has acted. Key stakeholders are on board. Now the Senate must decide: will the new generation of financial tech be built in America or somewhere else? It’s time to bring the CLARITY Act to the Senate floor.

Read CTA’s letter below.