Ripple Chief Legal Officer lobbies senators ahead of CLARITY Act vote
Ripple Chief Legal Officer Stuart Alderoty is meeting with undecided or opposing senators to advocate for the CLARITY Act ahead of the September 15 procedural vote. The bill, which requires 60 votes to proceed to formal debate, aims to establish a federal regulatory framework for digital assets and grant the CFTC authority over spot markets for digital commodities. Ripple highlights that the U.S. crypto industry supports 232,000 jobs and 67 million holders.
Summaries are written by AI from the original article. Not investment advice.