Sen. Cynthia Lummis Urges Passage of the Clarity Act

Sen. Cynthia Lummis said she has spent years in the Senate supporting U.S. leadership in digital assets and called for lawmakers to finish work on the Clarity Act.

Summary

Sen. Cynthia Lummis said she has spent years in the Senate fighting for American leadership in digital assets and urged action to complete the Clarity Act. Her statement frames the bill as part of a broader push to establish clearer U.S. rules for the crypto sector, an issue the industry has closely watched because regulatory clarity can affect market structure, compliance obligations, and business activity.

Terms & Concepts
  • digital assets: A broad term for blockchain-based assets such as cryptocurrencies and tokens used for payments, investment, or network utility.
  • Clarity Act: A proposed U.S. crypto market structure bill intended to provide clearer legal and regulatory rules for digital asset activity.
  • market structure: The regulatory framework that defines how trading, custody, issuance, and oversight of financial assets are organized.