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Crypto, banks take lobbying war to US senators' home states ahead of key vote

Sept 9 (Reuters) - A fight over major cryptocurrency legislation has spilled into the ⁠congressional summer recess, with the crypto industry and the banking sector mounting a final lobbying blitz in senators' home states ahead of a vote on the bill next week.

The Star MalaysiaHannah Lang查看原文 ↗
在关键投票前夕,加密货币和银行业将游说战带到了美国参议员的家乡州。

FILE PHOTO: FILE PHOTO: Representation of cryptocurrencies is seen in this illustration created on September 10, 2025. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo

Sept 9 (Reuters) - A fight over major cryptocurrency legislation has spilled into the ⁠congressional summer recess, with the crypto industry and the banking sector mounting a final lobbying blitz in senators' home states ahead of a vote on the bill next week.

The industry has spent hundreds of millions ⁠of dollars campaigning to advance the Clarity Act, which it says will putcrypto companies on a solid legal footing. The Senate will take a procedural vote on September 15 that could determine the ‌fate ofthe bill, but with Democrats and some Republicans warning the bill has insufficient safeguards and could destabilize the banking system, its chances look slim, according to analysts.

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