Cynthia Lummis, U.S. Senator, Wyoming at U.S. Senate, highlights the lack of a regulatory framework for digital assets in the U.S. She asserts that the Clarity Act would create clear rules at the SEC and CFTC, protecting compliant industry participants and penalizing those acting in bad faith. Lummis believes such regulations would help bring the digital asset industry back to the country.
Lummis has previously defended Wyoming’s approach, citing stricter digital asset rules for crypto firms compared to banks. She described the Clarity Act as a significant milestone for digital asset policy. The senator continues to advocate for clear federal guidelines to support industry participants.
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