Lowenstein Crypto advises leading digital asset and cryptocurrency projects, exchanges, and trading firms. Our practice covers regulatory advice, transactions and structuring advice, investigations, and adversarial matters including commercial disputes, bankruptcy, and related litigation. As these markets continue their rapid growth and market participants continue to evolve and mature their businesses, we are providing this weekly digest as a resource that highlights and summarizes a selection of key recent legal regulatory developments.
Crypto Coalition Sends Letter to Senate Urging That the Clarity Act Be Scheduled for Senate Vote
On June 7, a coalition of crypto firms and industry groups sent a letter addressed to the Senate Majority Leader John Thune, R-S.D., and Minority Leader Chuck Schumer, D-N.Y., urging them to schedule the Digital Asset Market Clarity Act (Clarity Act) for consideration by the full United States Senate. The Clarity Act passed the House of