Ripple, Coinbase, and Kraken, along with other major crypto firms, are urging the Senate Banking Committee to expedite the markup of the CLARITY Act. In a letter organized by the Crypto Council and the Blockchain Association, the companies appealed to lawmakers, including Tim Scott, Elizabeth Warren, Cynthia Lummis, and Ruben Gallego, to move the bill forward. The letter emphasizes the need for a structured regulatory framework to support digital asset innovation in the U.S., warning that delays could weaken America's role in financial innovation. The CLARITY Act aims to establish clear jurisdictional boundaries for the SEC and CFTC, addressing overlapping regulations and enhancing transparency. The letter highlights the importance of safeguarding developers of decentralized platforms and ensuring consumer protection. The coalition stresses the urgency of legislative action to prevent investment and job losses to other countries, advocating for uniformity in federal regulations.