Cynthia Lummis says CLARITY Act would strengthen DeFi developer protections

2026-3-28 10:47

Cynthia Lummis said the CLARITY Act would protect DeFi developers as debate over Title 3 and money transmitter rules continues. origin »

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defi cynthia act lummis clarity rules continues

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A Second Round of the Lummis-Gillibrand Crypto Bill Elevates CFTC, Defines DeFi

The U.S. Securities and Exchange Commission (SEC) would take a back seat in a crypto oversight bill being re-launched by Sens. Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.), which would require that crypto exchanges be overseen by the Commodity Futures Trading Commission (CFTC) and all stablecoin issuers be regulated depository institutions.

2023-7-12 14:00