Crypto Exchanges Outspend Goldman Sachs in Lobbying Efforts for CLARITY Act

Despite the failure of the CLARITY Act to pass the U.S. Senate, reports indicate that approximately 8 million dollars were spent on lobbying efforts related to the bill during the first half of the year. Data from federal filings analyzed by CoinDesk reveals that major cryptocurrency exchanges have surpassed traditional financial giants like Goldman Sachs in their lobbying expenditures.