Blockchain Innovation

Kraken's Global Head of Policy, Jonathan Jachym, urged the U.S. Senate Banking Subcommittee to pass comprehensive crypto legislation, highlighting the need for a unified regulatory framework that fosters innovation and protects consumers.

On July 18, 2025, the U.S. passed the bipartisan CLARITY Act (H.R. 3633), providing clearer roles for the SEC and CFTC in regulating digital assets, strengthening investor protections, and promoting American leadership in crypto innovation. Supported by major industry players and organizations, the Act aims to create a transparent and secure environment for digital asset trading.