As Cynthia Lummis, a United States Senator from Wyoming, championed the urgency for the passage of the CLARITY Act, a bill set to create clear rules for the crypto industry, on September 15, 2026, over a trillion U.S. dollars in deposits from traditional banks is on the line and likely to benefit the cryptocurrency industry.

Lummis argued that if the current administration, under President Donald Trump, fails to enact the CLARITY Act into law, the next real opportunity to pass it could be in 2030. 

“If the Clarity Act doesn’t pass this Congress, the next real opportunity to bring market structure legislation back up is 2030. That’s years of jobs, investment, and tax revenue we can avoid squandering if we finish this…