Ripple lawyer links CLARITY Act to U.S. job growth

2 weeks ago 14



Alderoty argues the CLARITY Act could support employment, but his statement remains an industry claim. Summary Alderoty argues the CLARITY Act could support employment, but his statement remains an industry claim. An NCA-commissioned study estimates crypto directly employs 34,000 workers and supports 232,000 jobs nationwide today. The modeled employment total includes supplier positions and jobs supported indirectly through household worker spending. Senate records schedule a September 15 cloture vote determining whether lawmakers begin formally considering CLARITY. CLARITY passed the House 294-134, while Senate Banking advanced amended legislation by 15-9 in May. An NCA-commissioned study estimates crypto directly employs 34,000 workers and supports 232,000 jobs nationwide today. Senate records schedule a September 15 cloture vote determining whether lawmakers begin formally considering CLARITY. Ripple Chief Legal Officer Stuart Alderoty urged U.S. senators to support the Digital Asset Market Clarity Act ahead of its next procedural vote, arguing that the legislation could promote employment and economic growth. “A vote for Clarity is a vote for jobs and economic growth,” Alderoty...

Read Entire Article