The U.S. crypto industry could face another four years of regulatory setback if Congress fails to pass the CLARITY Act this session. Senator Cynthia Lummis has warned that if lawmakers miss this chance, then the bill may not return until 2030. The warning comes as crypto companies, developers, and investors continue to wait for clear rules for the industry.

Why Is Senator Lummis Warning About a 2030 Delay?

According to Lummis, the current Congress may be the crypto industry’s best chance to pass the long-awaited CLARITY Act. The bill has already received strong bipartisan support, passing the House in a 294-134 vote.

Recently, the Senate Banking Committee approved an updated version of the bill in a 15-9 bipartisan vote, bringing it one…