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David Sacks: The review of the CLARITY Act is a key step toward making the US the "Crypto Capital of the World"

2026-05-13 15:00

Odaily reported that David Sacks stated that tomorrow's review of the Digital Asset Market Clarity Act (CLARITY Act) is an important step in advancing the United States' goal of becoming the "global crypto capital" and maintaining its leadership in innovation.

David Sacks expressed gratitude to Senate Banking Committee Chairman Tim Scott and the relevant committee for driving compromise and progress on the bill, as well as to White House Crypto Czar Patrick Witt and the broader crypto industry for their support.

He noted that approximately 50 million people in the United States currently hold or use cryptocurrencies, and the bill will help ensure continued innovation and growth within the U.S. crypto ecosystem for years to come.