Alderoty Uses Crypto Jobs Estimate to Press Senate on CLARITY Act
Ripple Chief Legal Officer and National Cryptocurrency Association (NCA) President Stuart Alderoty urged senators to support the Digital Asset Market Clarity Act ahead of a September 15 Senate cloture vote.
This points to an NCA-commissioned study that estimates the crypto industry directly supports about 34,000 full-time-equivalent US positions and a broader total of 232,000 jobs nationwide.
CLARITY Act Could Bring More Crypto Jobs To the US
Ripple chief legal officer Stuart Alderoty says CLARITY Act passage could boost U.S. employment.
A National Cryptocurrency Association study estimates 232,000 American jobs depend on the crypto industry.
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The September 15 cloture vote, scheduled for 2:15 p.m. Eastern on H.R. 3633, will determine only whether the Senate formally begins considering the bill, not whether it passes.
This is not simply an industry group publicizing an economic estimate. It is an industry-commissioned model being deployed as a political argument at the precise moment CLARITY needs Democratic votes to clear a procedural threshold, and the 232,000 figure describes cryptoโs current modeled footprint rather than jobs the bill itself would create.
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