Lummis Touts ’Clarity Act’ as Landmark US Crypto Legislation Amid $BEST Presale Countdown

Senator Cynthia Lummis is championing the 'Clarity Act' as the most comprehensive cryptocurrency legislation in US history, aiming to establish a full legal framework for digital assets and stablecoins. The bill, currently seeking Democratic support before year-end, would designate the SEC and CFTC as primary regulators—a move expected to end years of regulatory ambiguity that has stifled wallet innovation and mainstream adoption.

Market participants anticipate regulatory clarity could accelerate development of secure, user-friendly wallets like Best Wallet, which leverages Fireblocks MPC technology. The proposed framework may also facilitate compliant fiat onramps and enhanced consumer protections—critical infrastructure for broader retail participation.

Meanwhile, the $BEST token presale enters its final 23 days with $16.83 million raised at $0.025895 per token. Early stakers stand to gain an estimated 78% APY, with the token offering reduced fees, exclusive presale access, and future utility including a fiat card and staking aggregator.