The Consumer Technology Association sent a letter on June 17, 2026, urging Senate leadership to advance the CLARITY Act for digital asset regulation. The association represents more than 1,200 technology companies and addressed the letter to Senate Majority Leader John Thune and Senate Minority Leader Charles Schumer. The CTA cited ongoing regulatory uncertainty as a challenge for businesses developing blockchain-based products and services. The House previously passed the CLARITY Act with bipartisan support, and the Senate Banking Committee later advanced the measure through a bipartisan vote.
CTA Sends Letter to Senate Leadership on June 17, 2026
The Consumer Technology Association sent the letter to Senate Majority Leader John Thune (R-SD) and Senate Minority Leader Charles Schumer (D-NY) on June 17, 2026. Kinsey Fabrizio, president and CEO of the Consumer Technology Association, wrote in the letter: "On behalf of the Consumer Technology Association (CTA), which represents more than 1,200 technology companies ranging from startups to some of the world's largest innovators, I urge the Senate to move quickly to pass the CLARITY Act."
The association stated that regulatory uncertainty remains a challenge for companies building blockchain-based products and services. The CTA noted that digital asset and blockchain technologies are being used across industries for payments, financial access, cybersecurity, supply-chain applications, and other innovations. The letter highlighted provisions protecting developers of open-source software and self-custody technologies, stating they should not be treated as financial intermediaries solely because they create tools used by others.
House and Senate Banking Committee Passed CLARITY Act
The House approved the CLARITY Act with bipartisan support. The Senate Banking Committee later advanced the measure through a bipartisan vote. The CTA pointed to this bipartisan progress in its letter to Senate leadership. Fabrizio stated in the letter: "CTA strongly supports the CLARITY Act and respectfully urges the Senate to bring the legislation to the floor and pass it without delay."
CTA Member Companies Include Amazon, Apple, Google
The Consumer Technology Association represents more than 1,200 technology companies. Member companies include Amazon, Apple, Google, Intel, LG Electronics, Panasonic, Samsung Electronics, Sony Electronics, and Verizon. The association argued that clearer rules are important for maintaining U.S. competitiveness as other jurisdictions continue attracting investment and innovation with more defined regulatory frameworks.
The CTA added that the legislation would support market integrity, consumer protections, and innovation by encouraging activity within transparent and regulated U.S. markets. The association concluded that passing digital asset market structure legislation this year is important to preserving U.S. leadership in technology and capital markets.
FAQ
What did the Consumer Technology Association do on June 17, 2026?
The Consumer Technology Association sent a letter to Senate Majority Leader John Thune and Senate Minority Leader Charles Schumer urging the Senate to pass the CLARITY Act. The letter stated that regulatory uncertainty remains a challenge for companies building blockchain-based products and services.
Why does the CTA support the CLARITY Act?
The CTA stated that the legislation would support market integrity, consumer protections, and innovation by encouraging activity within transparent and regulated U.S. markets. The association also noted that clearer rules are important for maintaining U.S. competitiveness as other jurisdictions attract investment with more defined regulatory frameworks.
Which companies does the Consumer Technology Association represent?
The Consumer Technology Association represents more than 1,200 technology companies including Amazon, Apple, Google, Intel, LG Electronics, Panasonic, Samsung Electronics, Sony Electronics, and Verizon.
