The Consumer Technology Association, which represents more than 1,200 technology companies, urged Senate leaders to advance the CLARITY Act as digital asset developers face uncertainty over federal oversight.
Key Takeaways:
The Consumer Technology Association, which represents more than 1,200 technology companies, is seeking clearer federal rules for digital assets.Firms say uncertainty complicates compliance, product launches, and long-term investment planning.Senate action could determine how U.S. markets compete with clearer overseas frameworks.The Consumer Technology Association (CTA) urged Senate leadership to advance the CLARITY Act as policymakers continue debating the regulatory framework for digital assets in the United States. The CTA represents more than 1,200 technology companies ranging from startups to large corporations.
In a June 17, 2026, letter to Senate Majority Leader John Thune (R-SD) and Senate Minority Leader Charles Schumer (D-NY), the association argued that businesses and developers face ongoing uncertainty over federal oversight of the sector.
Kinsey Fabrizio, president and CEO of the Consumer Technology Association, wrote:
“On behalf of the Consumer Technology Association (CTA), which represents more than 1,200 technology companies ranging from startups to some of the world’s largest innovators, I urge the Senate to move quickly to pass the CLARITY Act.”
Among the companies represented by the organization include Amazon, Apple, Google, Intel, LG Electronics, Panasonic, Samsung Electronics, Sony Electronics, and Verizon.
CTA Highlights Competitiveness and Innovation ConcernsCTA also argued that clearer rules are important for maintaining U.S. competitiveness as other jurisdictions continue attracting investment and innovation with more defined regulatory frameworks.
Fabrizio stressed:
“CTA strongly supports the CLARITY Act and respectfully urges the Senate to bring the legislation to the floor and pass it without delay.”
The letter also highlighted provisions protecting developers of open-source software and self-custody technologies, stating they should not be treated as financial intermediaries solely because they create tools used by others.
CTA added that the legislation would support market integrity, consumer protections, and innovation by encouraging activity within transparent and regulated U.S. markets. The association concluded that passing digital asset market structure legislation this year is important to preserving U.S. leadership in technology and capital markets.
