David Sacks: Approximately 50 million people in the United States hold or use crypto assets

On May 13, David Sacks posted that the U.S. Senate Banking Committee will review (markup) the "Digital Asset Market Clarity Act" tomorrow, viewing it as an important step towards making the U.S. the "global crypto capital." He stated that the bill was spearheaded by Senate Banking Committee Chairman Tim Scott and that the bipartisan compromise text was formed with the participation of Patrick Witt, the White House's lead for crypto affairs, and relevant staff. Sacks noted that approximately 50 million Americans own or use crypto assets, and this legislation aims to provide a clearer regulatory framework for the digital asset market, ensuring the continuation of innovative activities.