Senator Cynthia Lummis Urges Swift Passage of CLARITY Act to Regulate US Crypto Market
Wyoming Senator Cynthia Lummis has intensified her push for the CLARITY Act, framing it as a critical step toward establishing regulatory clarity for the U.S. cryptocurrency market. In a recent social media post, she emphasized the legislation's role in fostering the digital asset sector's growth, warning against delays that could stifle innovation.
The proposed bill aims to create a structured framework for crypto assets, addressing longstanding uncertainties that have hindered institutional participation. Market observers view such regulatory progress as a potential catalyst for broader adoption of Bitcoin, Ethereum, and other major cryptocurrencies.