Coinbase crypto lobby prompts Congress to back major crypto expense

INSUBCONTINENT EXCLUSIVE:
Coinbase's lobbying arm, along with a swathe of crypto firms, has urged US House lawmakers to quickly pass a major bill when they meet next
week that would lay out how the crypto industry is regulated.In a letter sent on Monday, Stand With Crypto and 65 crypto advocacy groups and
efforts to politicize crypto legislation, but with crypto drastically reshaping the global economy the U.S
The CLARITY Act specifies the roles of the Commodity Futures Trading Commission and the Securities and Exchange Commission in policing
crypto
It gives most of the jurisdiction over crypto to the CFTC, but the SEC would regulate products such as crypto-related securities.US crypto
said on Thursday that they would consider the CLARITY Act and two other crypto bills in the week starting July 14, in what they dubbed
Senate, and US President Donald Trump said last month that he wants the bill passed as soon as possible before Congress goes on a month-long
Committee and the Agriculture Committee advanced it on June 10.It must still pass the Senate, and the Senate Banking Committee Chair Tim
crypto ties, and House Democrats have already signaled similar concerns with the CLARITY Act.Maxine Waters, a top Democrat in the House