Crypto's 200-Strong Lobby Tells Senate: Pass the CLARITY Act or Watch the Window Close 🏛️

A coalition of more than 200 crypto companies, trade groups, and organizations sent a joint letter to Senate Majority Leader John Thune and Minority Leader Chuck Schumer on June 7–8 demanding a floor vote on the CLARITY Act "without delay," with Coinbase, Ripple, Kraken, Circle, Binance US, and Andreessen Horowitz among the most prominent signatories. The letter was organized by Stand With Crypto alongside the Blockchain Association, Crypto Council for Innovation, and The Digital Chamber, the same coalition that says it has mobilized a network of nearly 3 million advocates across all 50 states to push for the bill's passage.

The bill cleared the Senate Banking Committee 15–9 on May 14 and was placed on the General Orders Calendar by June 1, but no floor vote has been scheduled. Treasury Secretary Scott Bessent and White House Crypto Advisor Patrick Witt have both publicly called on lawmakers to advance the measure for a July 4 signing by President Donald Trump, framing the date as an administration-level expectation rather than a suggestion. Senator Cynthia Lummis signaled the political will is there, stating directly: "We did not." The quoted statement was cut off in available reporting.

The procedural math remains tight. A floor vote requires Thune to formally schedule debate, allow amendments through a manager's amendment process, survive procedural challenges, and clear 60 votes on cloture, all before the chamber pivots to its August recess. Galaxy Digital has put the bill's odds of becoming law at roughly 60%, a figure that reflects both the political momentum and the specific obstacles still in the path. Senator Tim Scott has also expressed support for advancing the legislation.

The push comes as the Senate's attention has begun shifting toward artificial intelligence policy and as banks continue to challenge the crypto bill, raising the prospect of further delay. With roughly three weeks of working legislative time before the symbolic July 4 deadline collapses, the 200-plus signatories are betting that a unified industry message can compress a crowded Senate schedule into a single must-pass item, and the clock is now visibly ticking.