Stand With Crypto, the advocacy group backed by Coinbase, announced today it will begin scoring U.S. senators on their votes related to the CLARITY Act, a comprehensive crypto market structure bill. The scorecard, which will be made public, is designed to inform voters ahead of the November midterm elections. With 3 million advocates in its network, the group is positioning itself as a key political force in the crypto industry's push for clearer regulation.
What the CLARITY Act covers
The CLARITY Act is a market structure bill aimed at defining how digital assets are classified and regulated. It's been a top priority for crypto companies that want clear rules of the road. The bill would establish which agency — the SEC or the CFTC — has jurisdiction over different types of tokens, and set standards for exchanges and custodians. Senators' votes on the legislation will now be tracked and made public by Stand With Crypto.
How the scorecard works
Stand With Crypto said it will score each senator's vote on the CLARITY Act, then publish the results. The scorecard is meant to give voters a simple way to see where their representatives stand on crypto policy. The group has 3 million advocates, many of whom are likely voters in key swing states. The scorecard will be available on the group's website once votes are recorded.
Why the midterms matter
The November midterm elections are less than four months away. Crypto has become a wedge issue in some races, with candidates on both sides staking out positions on digital asset regulation. Stand With Crypto's scorecard could amplify that dynamic, especially in states where the industry has a strong presence. The group has already run voter registration drives and educational campaigns; this scorecard is a more direct tool for holding lawmakers accountable.
What happens next
The CLARITY Act is still working its way through Congress. Once a vote occurs, Stand With Crypto will release the scorecard. How senators respond to the added scrutiny is an open question — some may welcome the chance to show support for innovation, while others may push back against what they see as industry pressure. Either way, the scorecard gives crypto voters a concrete metric to use at the ballot box.
