U.S. Senator Hagerty publicly called for the Senate to pass the CLARITY Act as soon as possible.

TechFlow news, August 04, according to CoinDesk, U.S. Senator Hagerty publicly called on the Senate to pass the CLARITY Act as soon as possible, emphasizing that "the U.S. must not fall behind in the digital asset sector." Supporters believe that regulatory clarity is key to retaining builders and capital in the crypto industry, otherwise, there will continue to be a risk of talent and capital flowing out to other jurisdictions. The next Senate vote is seen as a critical milestone for the crypto industry.