Lummis Pushes CLARITY Act Through Congressional Stalemate
U.S. Senator Cynthia Lummis has renewed her call for Congress to move forward with the CLARITY Act, arguing that the legislation would benefit both American consumers and the broader economy after nearly eleven months of negotiations among lawmakers, regulators, and industry stakeholders.
Lummis, one of the strongest advocates for cryptocurrency and blockchain innovation in the U.S. Senate, said the bill represents an important step toward creating a more transparent and predictable regulatory framework for digital assets.
The CLARITY Act seeks to provide greater legal certainty by establishing clearer regulatory responsibilities for digital assets while reducing confusion that has often complicated compliance efforts.