Crypto Firms Spent $8 Million Lobbying—Still No Clarity Act Deal
Crypto industry gave $8 million to Clarity Act lobbyists who didn’t close the deal
The crypto industry spent $8 million on lobbyists seeking to advance the Clarity Act, but the effort did not result in a completed deal.
The limited information available does not specify which industry groups funded the campaign, how the money was spent, or why negotiations failed to produce an agreement. Those details are necessary to assess the lobbying effort’s impact and what it means for the bill’s future.
