WASHINGTON – U.S. Senator Jim Risch (R-Idaho) released the following statement on the Senate’s upcoming consideration of the Digital Asset Market Clarity (Clarity) Act:
“On September 15th, the U.S. Senate will start the process of passing the Clarity Act. The stakes couldn’t be higher. Failure to pass this critical piece of legislation will leave Idahoans vulnerable to scams and fraud, as well as cede jobs, investment, economic competitiveness, and financial leadership to overseas competitors,” said Risch. “We must advance this important bill and make it law.”
The Clarity Act would establish federal policies and guidance for digital assets to protect consumers and American investors, counter bad actors, encourage innovation, and support a safe and secure U.S. financial system.