BitGo Urges U.S. to Pass Clarity Act for Crypto Regulation

BitGo, a leading digital asset custody provider, has called for the U.S. government to pass the Clarity Act, which it believes will enhance investor protections in the crypto space.

According to BitGo's Mike Belshe, the legislation could provide a legal pathway for the industry and help stabilize the market.

The Clarity Act aims to establish clearer regulatory guidelines for digital assets, and regulators are gearing up to draft new rules in response to industry calls.