CLARITY Act Stalls as US Crypto Rules Hang in Balance

Senator Cynthia Lummis has warned that if the CLARITY Act fails to pass in the current Congress, the next realistic opportunity for crypto market-structure legislation may not arrive until 2030.

The Senate is set to hold a procedural vote on September 15, but passage of the bill remains uncertain due to unresolved issues regarding ethics provisions, law-enforcement, and market-integrity language.

Lummis emphasized that completing the bill now would help the country avoid wasting years of opportunity in jobs, investment, and tax revenue.