Senator Cynthia Lummis said the Clarity Act would help the United States shape the next financial system and maintain leadership in digital asset regulation ahead of China.
Senator Cynthia Lummis said the United States needs to move first on digital asset regulation before China does, framing the issue as part of broader competition over the future of finance. In her statement, she said the dollar-based financial system has supported global stability for a century and argued that the Clarity Act would help America build the next one. The remarks reflect a policy view that clear crypto rules can influence where digital asset businesses, innovation, and market infrastructure develop.