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. He warned that if the bill fails to pass smoothly, the United States could lose its leading position in digital finance and hand leadership in the sector to other countries. The remarks frame the legislation as a competitive issue for the U.S., with Lee pointing to growing institutional support as debate around the bill continues. His statement did not include additional details beyond the support he cited and the potential consequence he sees if the measure does not advance.
Tom Lee, chairman of Ethereum treasury company Bitmine, said in a post on X that more public institutions and major organizations are expressing support for the CLARITY Act.
Lee said that if the bill does not pass smoothly, the U.S. could lose its lead in digital finance and cede leadership to other countries.
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