Cynthia Lummis highlights CLARITY Act’s protections for developers and law enforcement tools

Senator Cynthia Lummis is promoting the Digital Asset Market Clarity Act of 2025 (CLARITY Act) to regulate digital assets by clarifying the roles of the SEC and CFTC. The bill specifically exempts blockchain developers from money transmitter classifications under certain conditions, thereby reducing compliance burdens for early-stage projects. For law enforcement, it introduces targeted anti-money laundering and counter-financing of terrorism regulations for digital commodity brokers, providing stronger tools to combat illicit activities. Additionally, the act prohibits the Federal Reserve from issuing a central bank digital currency for monetary policy, aligning with Lummis's stance on financial privacy and Bitcoin as "freedom money." The CLARITY Act is slated for a Senate markup in May 2026 and is seen as a follow-up to the GENIUS Act. It also mandates studies on DeFi risks and illicit digital asset use, intended to inform future regulations. The bill has garnered support from crypto advocacy groups, who cite the need for a clear federal framework to retain talent and capital.

(Source：Crypto Briefing)