Grayscale Investments is urging the U.S. Senate to schedule a floor vote for the Digital Asset Market Clarity (CLARITY) Act before the August recess. The company issued a formal letter to Senate leadership warning that regulatory uncertainty harms the domestic industry. Grayscale stated that current conditions are pushing capital and businesses to other countries.
The proposed legislation defines the specific oversight responsibilities of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). This framework seeks to establish a clear regulatory environment for cryptocurrencies.
The firm Strategy announced its support for the act on August 1, 2026. This collective push highlights the industry's demand for established rules in the United States.