Hagerty Seeks Swift Passage of CLARITY Act for Digital Assets

Sen. Bill Hagerty is calling on the US Senate to swiftly pass the CLARITY Act, a market structure bill for digital assets. The bill aims to divide regulatory responsibilities among agencies and provide clearer rules for the industry.

Hagerty emphasized that the US must not fall behind in digital assets, citing the need for a clear regulatory framework to foster innovation and maintain global competitiveness.

The CLARITY Act is awaiting further Senate review, but Hagerty's push for quick action suggests a sense of urgency around passing this legislation.