The CLARITY Act, legislation that outlines a framework to regulate crypto, is in a holding pattern in the US Senate as negotiations drag on. Important aspects of the bill include assigning which agencies will regulate various aspects of crypto while providing important consumer and business protections. Today, the Crypto Council for Innovation, Blockchain Association, and the Digital Chamber have joined in sending a letter to Senate leadership urging them to advance the bill and vote on the legislation. Addressed to Majority Leader John Thune and Minority Leader Chuck Schumer, the missive warns that without the CLARITY Act, innovation and consumer protections in the US will suffer. The letter states that currently 67 million Americans own digital assets, yet there are no clearly defined rules.