The senator warned Congress that inaction on the crypto market structure bill would push the future of digital finance toward jurisdictions that "do not share our values."
Sen. Cynthia Lummis urged Congress to pass the Clarity Act, warning that failure to do so during this Congress would amount to "handing the future of digital finance to jurisdictions that do not share our values." Her remarks frame the bill as a competitive and strategic issue for the United States, where lawmakers have been debating how to set clearer rules for digital assets. Market structure legislation is widely seen as important because it can define which regulators oversee different parts of the crypto industry and reduce uncertainty for companies operating in the sector.