Lummis Rejects Proposal to Rewrite Developer Protections in CLARITY Act
Senator Cynthia Lummis has rejected a proposal from Senator Catherine Cortez Masto to rewrite protections in the Blockchain Regulatory Certainty Act (BRCA), part of the CLARITY Act aimed at safeguarding non-custodial software developers and blockchain infrastructure providers.
The proposal sought to balance developer safeguards with anti-illicit-finance measures, but Lummis's rejection underscores her commitment to maintaining these protections while balancing them with law enforcement needs.
Market odds for the CLARITY Act being signed into law in 2026 have decreased to 29.5% YES from 36% just 24 hours prior, suggesting that Lummis's rejection may be viewed as a setback in the bill's progress.