CLARITY Act: Ripple, Coinbase, & Over 200 Crypto Firms Push Senate for Floor Vote

More than 200 crypto firms and organizations, including Coinbase and Ripple, signed a letter urging Senate leaders to bring the CLARITY Act to a floor vote. The letter comes as the Senate Banking Committee advanced the crypto bill, and faces potential delay amid a shift in the Senate’s focus to artificial intelligence.

Ripple, Coinbase, and 200 Crypto Firms Sign Letter for CLARITY Act Senate Floor Vote

A coalition of more than 200 crypto companies, trade groups, and organizations sent a letter to Senate leaders John Thune and Chuck Schumer calling for a floor vote on the CLARITY Act.

Stand With Crypto led the letter alongside the Blockchain Association, Crypto Council for Innovation, and The Digital Chamber. The organization has mobilized a network of nearly 3 million advocates across all 50 states to push for the crypto bill’s passage.

Coinbase, Ripple, Kraken, Andreessen Horowitz, Circle, and Binance US are among the key signatories. The crypto coalition urged that the bill would establish a framework for crypto markets, clarify regulatory responsibilities, and create workable registration pathways. It will also maintain protections for software developers and bring more crypto activity into responsible U.S. markets.

“The Clarity Act gives Congress the opportunity to keep innovation, jobs, investment, and market activity here at home while strengthening America’s role as the global leader in digital asset innovation,” the letter stated.

The signatories also said the U.S. possesses the deepest capital markets, the strongest rule-of-law tradition, world-class entrepreneurs, and a long history of leading in financial innovation. The letter added that those strengths position the country to build and govern the next generation of financial infrastructure.

CCI is proud to sign @standwithcrypto’s letter respectfully urging @LeaderJohnThune and @SenSchumer to schedule Clarity as soon as possible for consideration by the full Senate. The U.S. needs clear rules of the road and can build on this bipartisan momentum. The time is now. https://t.co/adt2zQDjuK

— Crypto Council for Innovation (@crypto_council) June 8, 2026

Crypto Community Pushes for Crypto Bill Passage

The letter follows the Senate Banking Committee’s passage of the CLARITY Act last month. Senator Cynthia Lummis on Monday said the bill passed committee and that the floor is next. “We did not come this far to quit at the 5-yard line,” she added.

The letter follows the Blockchain Association’s letter signed by 160 former national security and law enforcement officials. It urged the Senate to pass the bill, arguing the CLARITY Act is a national security agenda to strengthen enforcement capabilities and improve oversight of the crypto market.

Treasury Secretary Scott Bessent and White House Crypto Advisor Patrick Witt also publicly called on lawmakers to advance the legislation for a July 4 signing by President Donald Trump. Senate Banking Commission Chair Tim Scott quoted the legislation as “historic.”

The Clarity Act takes the side of everyday Americans.

This historic legislation brings digital assets out of the shadows and into a system that is safer, fairer, and more transparent!

— Senator Tim Scott (@SenatorTimScott) June 8, 2026

However, hurdles remain as JPMorgan CEO Jamie Dimon vowed banks’ challenge to stablecoin yields and other rules. As CoinGape reported, Peter Schiff slammed JPMorgan CEO Jamie Dimon’s call for bank-like regulations for stablecoin issuers, claiming it as “nonsense.”

Also, the Senate’s focus turned to pushing for regulating the rapidly growing artificial intelligence industry. This has prompted crypto bodies to proceed with Senate floor debate, amendments, and voting for the CLARITY Act “without delay.”