US Senator Cynthia Lummis Urges Senate to Pass the CLARITY Act

Odaily reports: U.S. Senator Cynthia Lummis posted on X that the Senate will face a critical choice tomorrow: whether to solidify the United States' leadership in the digital asset space, strengthen consumer protections, and equip law enforcement with the tools needed to combat illicit finance, or allow the crypto industry to move overseas. She stated that if the U.S. fails to establish a clear regulatory framework for digital assets in a timely manner, American consumers will face greater risks, and its leadership in this field could be undermined. The CLARITY Act is now before the Senate, and such a legislative opportunity may not arise again for years to come.