Stand With Crypto will score senators’ CLARITY Act votes on public lawmaker scorecards, giving 3 million U.S. advocates a permanent record of who backed the crypto market structure bill ahead of the November midterm elections.
Key Takeaways
Stand With Crypto will update lawmaker scorecards using senators’ CLARITY Act voting records.The advocacy organization urged senators to vote yes and advance the digital asset market structure bill.Crypto owners can use the public ratings to evaluate lawmakers before the November midterm elections.The organization said each senator’s vote will become part of its public lawmaker ratings, which crypto owners can use to compare candidates ahead of the November elections. It also urged lawmakers to vote yes on the legislation.
“The CLARITY Act has galvanized millions of crypto owners, as they eagerly await market structure legislation that will deliver certainty about the technology they rely on,” Stand With Crypto added, noting:
“Crypto voters across the country are paying attention to which lawmakers stand with them in this critical moment.”
The updated scorecards will record whether each senator supported advancing the legislation, adding the CLARITY Act vote to Stand With Crypto’s existing congressional ratings based on lawmakers’ crypto-related actions and public positions. The CLARITY Act vote will become one of the highest-profile entries on those scorecards ahead of the November midterm elections.
Public Scorecards Put Senators’ Votes in FocusNearly 70% indicated that a candidate’s crypto position would influence their choice, while 73% closely tracked which digital asset policies lawmakers supported. Another 59% identified themselves as voters who do not consistently support one party, potentially giving cryptocurrency policy greater relevance in closely contested congressional races.
Those findings strengthen the potential influence of the scorecards, particularly in competitive races where politically unaffiliated crypto owners could compare candidates using their recorded CLARITY Act positions.
Next Stop: The Full SenateUnder the proposed framework, federal regulators would receive defined responsibilities covering different digital assets, while exchanges and intermediaries would encounter registration, disclosure, and customer-protection obligations.
For senators, the approaching vote now carries two consequences: determining whether the legislation advances and establishing the score that Stand With Crypto will present to millions of advocates.
