The GENIUS Act author said passing the crypto market structure bill is important to preserving what he called America’s innovation edge.
Senator Bill Hagerty said he hopes the Clarity Act will be signed into law in July, linking the push to U.S. competitiveness in innovation. Hagerty, identified in the source as the author of the GENIUS Act, said, “We need to get this done. It's important to get it done. It's critical to maintain America's innovation edge.” The remark points to continued momentum around U.S. crypto legislation, with the Clarity Act referring to a market structure proposal for digital assets.