Lummis Warns Delaying Clarity Act Would Cost US Years of Crypto Jobs & Revenue

U.S. Senator Cynthia Lummis has issued a stark warning that failure to pass the Digital Asset Market Clarity Act during the current Congress would push the next realistic opportunity for comprehensive cryptocurrency market structure legislation to 2030.

Lummis, one of Congress's most vocal advocates for digital assets, stated on X that if the bill doesn't pass this Congress, 'the next real opportunity to bring market structure legislation back up is 2030. That's years of jobs, investment, and tax revenue we can avoid squandering if we finish this now.'

The Wyoming senator has repeated variations of this 2030 timeline for months, arguing that political realities including the midterm elections and the end of the current legislative session make another serious push unlikely before then.

Lummis framed the bill not merely as crypto regulation but as a decision about whether the United States leads the next financial system or cedes ground to other countries.