Sen. Bill Hagerty says CLARITY would set U.S. crypto market rules

The senator compared the proposed framework for digital assets with the GENIUS Act’s role in stablecoin innovation, arguing clearer rules would help innovation stay in America.

Summary

Sen. Bill Hagerty said the CLARITY proposal would do for the broader digital asset market what the GENIUS Act is doing for stablecoin innovation. He said CLARITY would create “clear rules of the road” aimed at helping digital asset innovation flourish in America, underscoring a policy push for more defined U.S. crypto regulation.

Terms & Concepts
  • stablecoin: Crypto token designed to track a stable asset
  • digital asset: A blockchain-based token or crypto-related asset