DeFi Debrief: Week of July 27, 2026

New Public Support for Clarity Act; Blockchain Association’s Advocacy Tool; and more.

Companies and Associations Publicly Support Clarity Act

On July 22, 2026, the Senate released an updated draft of the Clarity Act. Since then, companies and industry groups have voiced support for the legislation, urging the Senate to advance the bill to the floor and ultimately pass the Clarity Act. 

Supporters include traditional financial institutions, technology companies, and crypto industry organizations such as Fidelity, Blackrock, Goldman Sachs, Block, Franklin Templeton, DCG,  and Solana Policy Institute. Trade associations backing the legislation include the Consumer Technology Association, the National Black Church Initiative, and the three major crypto industry trades — Blockchain Association, Crypto Council for Innovation, and the Digital Chamber.   

As mentioned in previous newsletters, the Clarity Act has also received support from law enforcement organizations, including the Fraternal Order of Police, the National Organization of Black Law Enforcement Executives, and most recently, the Major Cities Chiefs Association.  

New Clarity Act Advocacy Tool  

The Blockchain Association has launched “Clarity for America,” a new tool that enables constituents and organizations to draft letters to Senate leadership urging a floor vote on the Clarity Act. The tool uses AI to generate personalized letters for those interested in supporting the legislation. 

You can explore the tool and generate a letter to Senate leadership here. 

Notable Quotable

“I can guarantee you one thing: the best way to lose the future is to lose control over science and technology, and the best way to do that is to force our builders offshore.”

—Greg Xenthalis, General Counsel at Multicoin Capital and DEF Board Member on the Empire podcast