Tom Lee, chairman of Ethereum treasury company Bitmine, said in a post on X that a growing number of public institutions and major organizations are backing the CLARITY Act. He argued that if the bill does not pass smoothly, the United States could lose its leading position in digital finance and hand leadership to other countries. The remarks framed the legislation as a competitive issue for the U.S. rather than only a domestic policy matter. Lee’s post, as cited by ChainCatcher, focused on rising institutional support for the bill and the risk of falling behind if the measure stalls.
According to ChainCatcher, Tom Lee, chairman of Ethereum treasury company Bitmine, said in a post on X that more public institutions and major organizations are coming out in support of the CLARITY Act.
Lee said that if the bill fails to pass smoothly, the United States could lose its lead in digital finance and cede leadership to other countries.
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