The Blockchain Association sent a letter to Senate Majority Leader, Democrat Chuck Schumer
This move is a massive turning point because it completely shifts the axis of the political debate in Washington. Now, it's a matter of national security and geopolitical hegemony.
Over 160 signatories, including former national security members, the Pentagon, the CIA, and the intelligence community, add crushing political weight to the push for the
#CLARITYAct .
The central argument is divided into three critical points:
1. Defending the Digital Dollar against strategic rivals, foreign competitors (like China's digital yuan), or alternative payment systems outside of Western control.
2. The letter explicitly warns that the government's previous hostile policy only managed to push innovation, talent, and capital pools towards opaque jurisdictions abroad.
3. The Clarity Act aims to provide the definitive legal framework for banks and traditional financial institutions to issue, custody, and transact with digital assets on a large scale.
A bridge to the international standard
#ISO20022 .
This letter demonstrates that what we're experiencing isn't just a typical crypto cycle driven by speculation.
$XRP $USDC #UtilityTokens $HBAR #bullish