Sen. Cynthia Lummis is backing the CLARITY Act, saying it is designed to end long-standing regulatory ambiguity for American crypto consumers and the digital asset industry by clearly defining how tokens and market participants are treated under United States law. Representative Tom Emmer said the measure reflects years of work in the House and described it as the fifth or sixth iteration of digital asset market structure legislation, framing it as the latest version of a longer-running congressional effort to establish rules for digital assets. The source material does not provide further details on the bill’s specific provisions, timeline, committee status, co-sponsors beyond the named lawmakers, or any vote outcome.