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Sen. Cynthia Lummis Says CLARITY Act Would Bring Regulatory Clarity, Integrity to Crypto Market

Source
JH Kim

Summary

  • U.S. Senator Cynthia Lummis said the CLARITY Act would bring regulatory clarity and integrity to the cryptocurrency market.
  • Lummis said the CLARITY Act would provide regulatory certainty for developers, protections for investors, and integrity for the cryptocurrency market.
  • The CLARITY Act aims to clarify the regulatory framework for the U.S. digital-asset market and reduce legal uncertainty surrounding the cryptocurrency industry.

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Photo: Shutterstock
Photo: Shutterstock

U.S. Senator Cynthia Lummis said the CLARITY Act would bring regulatory clarity and integrity to the cryptocurrency market.

Lummis, who supports digital assets, said the bill would provide regulatory certainty for developers, protections for investors and integrity for the crypto market, Crypto Briefing reported on July 17.

The CLARITY Act is intended to clarify the regulatory framework for the U.S. crypto market and reduce legal uncertainty surrounding the digital-asset industry.

#Crypto Regulation
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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