Lummis Releases Revised Clarity Act Draft Ahead of Cloture Vote

Senator Cynthia Lummis of Wyoming has shared an updated draft of the Clarity Act, which revises some provisions related to decentralized finance but leaves unchanged language regarding ethics.

The bill's revisions come ahead of next week's cloture vote, and it seems that the senator is trying to win over Democrat support for the legislation.

Lummis' office did not provide a detailed explanation of the changes made to the bill, but the draft appears to have tweaked some aspects of DeFi regulations without altering the ethics language.