U.S. Senator Kevin Cramer (R-ND) is urging U.S. lawmakers to pass the Clarity Act quickly, emphasizing that regulatory uncertainty risks driving the digital asset industry the country.

We Cannot Allow Innovation To Leave

In a Mar. 17 interview, Cramer stressed the need for clear regulatory “guardrails” to define:

Securities vs. commodities

Traditional banking vs. digital asset platforms

He acknowledged concerns from banks about crypto firms offering yield products, sometimes through intermediaries like PayPal, but argued that regulation must strike a balance between oversight and innovation.

Cramer warned that without clarity, the U.S. could lose its competitive edge, stating that…

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