US Down To 'Last Chance' To Pass Clarity Act Before 2030: Lummis
Cointelegraph
Senator Cynthia Lummis warns that the US must pass the CLARITY Act soon or face years of regulatory stagnation in the crypto industry.Summary
Senator Cynthia Lummis has urged the US Congress to pass the CLARITY Act, warning that this is the final opportunity for legislative progress before 2030. The bill seeks to establish clear regulatory oversight for the crypto industry, which supporters argue will foster innovation and protect consumers. While prominent industry figures like Coinbase CEO Brian Armstrong and investor David Sacks are pushing for immediate action, potential legislative delays due to political cycles and debates over stablecoin regulations remain significant hurdles to the bill's success.
(Source：Cointelegraph)