Lummis says CLARITY Act would extend Wyoming crypto framework nationwide

  • Sen. Cynthia Lummis said the CLARITY Act would expand Wyoming’s framework nationwide.
  • CLARITY Act would divide digital-asset oversight between the SEC and CFTC.
  • Cointelegraph reported Lummis’ comments on September 3.

Sen. Cynthia Lummis said the CLARITY Act would expand Wyoming’s crypto-friendly digital-asset regulatory framework across the United States. The bill is designed to give digital-asset companies clearer rules while separating oversight responsibilities between the Securities and Exchange Commission (SEC), the U.S. securities regulator, and the Commodity Futures Trading Commission (CFTC), the U.S. derivatives regulator. Lummis, a Wyoming Republican, said the state’s approach could serve as the basis for a nationwide framework. Cointelegraph reported her comments on September 3.

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