US Senator Warns Clarity Act Delay Could Push Crypto Rules to 2030
The post US Senator Warns Clarity Act Delay Could Push Crypto Rules to 2030 appeared on BitcoinEthereumNews.com. Key Takeaways U.S. Senator Lummis warned that failure to act now could delay comprehensive crypto legislation until 2030. Bankruptcy protections remain a central concern for customers holding assets on exchanges. China’s regulatory progress increases pressure for Congress to establish market rules. Clarity Act Warning Puts Congress on a Crypto Policy Deadline The Clarity Act has become a deadline test for Congress, and Senator Cynthia Lummis (R-WY) is warning that failure to act could delay comprehensive digital asset legislation until 2030. In posts published between May 24 and May 30, Lummis argued that inaction would leave developers without legal protections, consumers vulnerable, and law enforcement without stronger tools to pursue bad actors. Her warning centers on a narrow legislative window. If Congress misses it, software developers, investors, exchanges, and enforc