Statement following the notice of a markup of the Clarity Act in the Senate Banking Committee

“Today’s notice of a markup in the Senate Banking Committee is an important step toward establishing clear rules for digital asset markets. This work reflects months of serious engagement on difficult questions, from SEC-CFTC jurisdiction to consumer protection and developer protections. Clear statutes are what American consumers, businesses, and innovators deserve. Blockchain Association stands ready to support a constructive markup process and help advance durable legislation that keeps digital asset innovation in the United States.” – Blockchain Association CEO Summer Mersinger