Cynthia Lummis: Clarity act may stalL progress for four years
Scott Bessent urged Congress to pass the CLARITY Act immediately to provide much-needed regulatory definitions for digital assets.
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Scott Bessent urged Congress to pass the CLARITY Act immediately to provide much-needed regulatory definitions for digital assets.
Senator Cynthia Lummis warned that the CLARITY Act could stall crypto industry progress for four years, while Scott Bessent and Coinbase leadership urged immediate legislative approval to resolve regulatory uncertainty.
Senator critiquing the CLARITY Act's timing
Lummis's version of this story ↗Across the available coverage, including Ecoportal and BitcoinEthereumNews.com, Treasury Secretary Scott Bessent is consistently framed as urgently advocating for the passage of the CLARITY Act. Outlets emphasize his calls for immediate action to regulate stablecoins and prevent crypto firms from relocating, highlighting a notable cross-spectrum agreement on his proactive stance.
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