Senate Democrats are calling on Republicans to work together to move the CLARITY Act forward, stressing that the crypto market structure bill will only succeed if both parties build consensus. Led by Senator Ruben Gallego, the group emphasized that the legislation requires a bipartisan approach given its sweeping impact on digital assets and regulation.

Democrats Call for Collaboration on Crypto Bill

In a press release, Senator Ruben Gallego and 11 Senate Democrats urged Republicans to embrace bipartisan authorship for the CLARITY Act. They argued that legislation of this scale should follow the “norm” of cross-party drafting to ensure durability and fairness. The senators also pointed to the $4 trillion global digital asset market as proof that careful and unified regulation is essential.

The Democratic lawmakers highlighted their recently released framework, which outlined seven pillars for crypto regulation. These pillars cover the spot market for non-security assets, the legal status of tokens, and the roles of regulators like the SEC and CFTC. They also address illicit finance prevention, consumer protection, and integration of issuers and platforms into a clear oversight system.

The statement warned that without “mutual understanding,” the bill could stall. The senators stressed that they are ready to work with Republicans to secure balanced rules that strengthen investor confidence while safeguarding innovation. They framed collaboration as not just desirable but necessary to make the U.S. a global leader in crypto oversight.

Industry Voices Back CLARITY Act Momentum

The call for bipartisan cooperation comes as industry leaders signal optimism about the bill’s chances. Coinbase CEO Brian Armstrong said the CLARITY Act feels like a “freight train leaving the station,” reflecting strong momentum in Washington. He noted that clear rules will help keep crypto innovation in America and protect users from arbitrary regulatory overreach.

I was in DC the last few days working to get MARKET STRUCTURE legislation passed for crypto. This is how we ensure the crypto industry can be built here in America, driving innovation and protecting consumers, and making sure we never have another Gary Gensler trying to take your… pic.twitter.com/UqCH8jCNU8

— Brian Armstrong (@brian_armstrong) September 18, 2025

Armstrong also argued that passing the act would prevent future uncertainty like the battles seen under SEC Chair Gary Gensler. The bill, he said, offers a long-term roadmap for crypto oversight by defining agency roles and giving the CFTC and SEC clearer mandates. This certainty could attract more institutional capital to U.S. markets.

Other stakeholders echoed this sentiment. Cardano founder Charles Hoskinson, who joined recent roundtables with lawmakers, said progress is strong but that “much work remains.” Crypto analyst Paul Barron also shared that discussions in DC are moving “very fast in the right direction,” fueling optimism for a breakthrough.

The coming weeks will be critical. Both parties face pressure to finalize a framework before election debates deepen partisan divides. For now, the push from Senate Democrats places the spotlight firmly on Republicans to decide whether cooperation can fast-track one of the most important pieces of crypto legislation in U.S. history.