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Mr. CARTER of Georgia. Mr. Speaker, I rise today to voice my support for the CLARITY Act.
The CLARITY Act is a bill that will make clear laws to help better regulate digital assets and blockchain technology. This bill will ensure that future innovations in the financial world will happen here in the United States and not in foreign countries.
We cannot allow our adversaries, such as China, to control the digital economy. The CLARITY Act will help modernize financial laws to make innovation possible and clear up many opaque and sometimes contradictory laws.
This bill delivers on President Trump's commitment to make the United States the crypto capital of the world, and I am proud that we are paving the path toward American dominance in the digital future.
Today, I again would like to give my support for the CLARITY Act, as it cements America as a hub for the world's financial innovation.
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