Lummis Urges Swift Passage of Clarity Act, Says Delay Could Stall It Until 2030

Uk Jin

Summary

Senator Cynthia Lummis called for swift passage of the Clarity Act.
Lummis said that if the bill is not passed before the 2026 midterm elections, lawmakers could lose the chance to advance it until at least 2030.
The Clarity Act covers the division of digital-asset regulatory authority between the SEC and CFTC, stablecoin compensation, and the design of rules related to DeFi.

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*Photo: Screenshot from Cynthia Lummis's X account*

Senator Cynthia Lummis, one of the leading pro-crypto voices in US politics, called for swift passage of the Clarity Act.

Cryptopolitan reported on April 11 that Lummis wrote on X, formerly Twitter, that if the bill is not passed before the 2026 midterm elections, lawmakers could lose the chance to advance it until at least 2030. "Now is the last chance," she wrote.

The Clarity Act lays out how digital-asset regulatory authority would be divided between the Securities and Exchange Commission and the Commodity Futures Trading Commission. It also addresses stablecoin compensation and the design of rules related to decentralized finance, or DeFi.