Senator Cynthia Lummis Says the Clarity Act Risks a 4-Year Delay
BeInCrypto
Senator Cynthia Lummis warns that failing to pass the CLARITY Act soon could delay crypto market regulation until 2030.Summary
Senator Cynthia Lummis warns that the Digital Asset Market Clarity Act (CLARITY Act) faces a four-year legislative freeze if not passed before the 2026 midterms. Supported by Treasury Secretary Scott Bessent, the bill aims to prevent regulatory uncertainty from driving crypto firms abroad. Despite recent compromises on stablecoin yields, the bill must clear several hurdles, including committee markups and reconciliation, while facing political resistance over ethics provisions.
(Source：BeInCrypto)