Hagerty Urges Senate to Pass CLARITY Act for Digital Asset Clarity

Senator Hagerty pushes for immediate passage of the CLARITY Act to define regulatory roles, citing the need to preserve U.S. competitiveness in digital assets.

Woofun AI reports that U.S. Senator Bill Hagerty is urging the Senate to enact the CLARITY Act without delay. Hagerty argues that failing to establish a clear regulatory framework risks diminishing U.S. innovation and global standing in the digital asset sector. The legislation seeks to delineate regulatory responsibilities and provide defined rules for the crypto industry, currently awaiting further Senate deliberation.