Senator Cynthia Lummis said Congress may not get another real chance to pass digital asset legislation until 2030 if the CLARITY Act fails.
Summary
- The CLARITY Act would create federal rules for crypto assets, exchanges, developers, stablecoin issuers, and market regulators.
- JPMorgan CEO Jamie Dimon criticized the bill, saying banks may oppose it unless lawmakers strengthen stablecoin, AML, and BSA rules.
- Senator Cynthia Lummis has warned that U.S. lawmakers may lose their best chance to pass digital asset market rules until 2030 if the CLARITY Act stalls this session.
Lummis, in a post on X, said Congress faces a narrow window to move the Digital Asset Market…
