NVCA Statement on House Passage of Crypto Legislation 

WASHINGTON, DC – National Venture Capital Association (NVCA) President and CEO Bobby Franklin issued the following statement after the House voted to pass the GENIUS Act, the CLARITY Act, and the Anti-CBDC Surveillance State Act:  

“Today is a pivotal moment in the effort to establish a clear and consistent regulatory framework for stablecoins and the broader digital asset economy. These bills will enhance the venture industry’s ability to back transformative companies and drive lasting economic growth, empowering entrepreneurs and reinforcing America’s leadership role in the development and deployment of innovative financial technologies.”  

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The National Venture Capital Association (NVCA) empowers the next generation of American companies that will fuel the economy of tomorrow. As the voice of the U.S. venture capital and startup community, NVCA advocates for public policy that supports the American entrepreneurial ecosystem. Serving the venture community as the preeminent trade association, NVCA arms the venture community for success, serving as the leading resource for venture capital data, practical education, peer-led initiatives, and networking. For more information about NVCA, please visit www.nvca.org.