Crypto industry pressures US Senate for clearer regulation amid rising presale activity

Over 100 crypto firms, including Coinbase and Ripple, push the US Senate Banking Committee for legislative clarity as early-stage tokens like Pepeto attract significant investor interest ahead of potential regulatory reforms.

A group of more than 100 crypto firms, including Coinbase, Ripple and Circle, has urged the US Senate Banking Committee to move the CLARITY Act into markup, in a fresh sign that the industry is pushing hard for a clearer rulebook in Washington. According to reports from CoinDesk-linked coverage and other market publications, the letter calls for sharper lines between the SEC and the CFTC, more consistent disclosure standards and stronger protections for developers and service providers.

That backdrop has helped push presale marketing into overdrive, with Pepeto presented by its promoters as one of the more prominent early-stage tokens to watch in 2026. The project says it has raised more than $9 million, while later promotional updates put the figure at about $9.3 million, and claim growing interest ahead of a planned Binance listing. Pepeto’s backers say the appeal lies in a zero-fee exchange model spanning multiple blockchains, a cross-chain bridge and an AI contract scanner designed to flag risky tokens before trading.

The pitch is clearly aimed at a market that has become more cautious after a series of exploits and failed launches. Pepeto’s materials say the project has completed a SolidProof audit and built tools that allow users to trade across Ethereum, BNB Chain and Solana, while also offering staking rewards advertised at 178% APY. The campaign leans heavily on the idea that regulatory clarity will favour projects with live products rather than those that rely only on promises.

Still, the wider presale field remains uneven. Mutualum Finance is described in the supplied material as a lending and borrowing project with no confirmed exchange tools or listing timetable, leaving it exposed to established rivals such as Aave and Compound. BDAG, meanwhile, is said to have raised quickly but missed early milestones, with no live mainnet yet released. Against that backdrop, Pepeto’s supporters argue that visible product development and a large fundraise set it apart, even if the most optimistic return claims remain just that: claims.

For investors, the broader lesson may be less about one token than about the direction of the market. If the CLARITY Act does advance, as industry groups are urging, the winning projects are likely to be those that can show audits, functioning infrastructure and a credible route to liquidity. Pepeto is being sold as one of those names, but like any presale, it remains a speculative bet rather than a guaranteed winner.

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Source: Noah Wire Services