$XLM
Cooling DownSnapshot Window: 2026-07-09 14:50 UTC · ← Back to Crypto Overview
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The U.S. approach to crypto regulation may finally be shifting. Senator Cynthia Lummis says the CLARITY Act is designed to replace years of regulatory uncertainty with clear rules for digital assets. If it becomes law, it could give institutions more confidence to build in the [Spoken audio]: Major Bill designed to create a clear regulatory framework for digital assets could soon be heading to the Senate floor for a full vote in less than Two hours the Senate Banking Committee's markup process on the clarity acts that to begin Republican senator Cynthia Lemus is here and she's the author and champion of that bill. She sits on the Senate Banking Committee as chair of the digital assets subcommittee Good morning to you. Sounds like we're here. It's gonna happen That's a fact Uh, we've been working for over nine months with Democrats trying to get this bill ready for today. It provides a regulatory framework that currently doesn't exist in the digital asset world. It's the Wild West out there, and that allows fraudsters to operate without a regulatory framework to respond to their illicit activity. It also allows legitimate players to set up shop overseas because they do have regulatory frameworks. This is a way to bring this industry into the fold and to the United States to make it strong, robust, and serve the American consumer.
