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Lummis Says Clarity Act Can Keep US Crypto Builders From Moving Abroad


Lummis Says Clarity Act Can Keep US Crypto Builders From Moving Abroad

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Senator Cynthia Lummis says the Clarity Act would provide domestic regulatory certainty for crypto developers comparable to Singapore and Switzerland and prevent U.S. builders from relocating abroad. Senate talks still hinge on developer protections, illicit finance rules, political ethics and stablecoin yield, and more than 200 crypto organizations have urged a floor vote — progress that could boost U.S. crypto adoption, DeFi activity and token launches but leaves short-term regulatory risk until provisions are finalized.

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  • Cynthia Lummis says American crypto builders should not need to move abroad for clear regulations.
  • Senate talks continue over developer protections, illicit finance, ethics, and stablecoin yield.
  • More than 200 crypto organizations have urged Senate leaders to schedule a floor vote.

American crypto developers should not have to cross an ocean to understand the rules governing their work. Senator Cynthia Lummis says the Clarity Act offers a domestic answer to the regulatory certainty available in Singapore and Switzerland.

Her message arrives as Senate negotiations move through some of the bill’s most difficult sections. Lawmakers are still working through protections for software developers, financial crime enforcement, political ethics, and the treatment of stablecoin rewards.

Lummis Makes the Case for Clear Rules

Lummis wrote on X that American builders sh…

Read The Full Article Lummis Says Clarity Act Can Keep US Crypto Builders From Moving Abroad On Coin Edition.

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