PTG Supports the CLARITY Act

In a letter to Senate Leaders John Thune and Charles Schumer, PTG urged the Leaders to bring the Digital Asset Market Clarity Act (CLARITY Act) to the floor for a vote before the August recess. PTG supports the legislation because its members—principal trading firms that provide liquidity across U.S. markets—believe clear federal oversight is needed to support digital asset markets, define SEC and CFTC jurisdiction, reduce regulatory uncertainty, and encourage trading activity and liquidity to remain onshore under robust U.S. supervision.