Crypto rules face 2030 Risk if CLARITY Act stalls, Lummis says
Crypto rules face 2030 Risk if CLARITY Act stalls, Lummis says
The CLARITY Act would create federal rules for crypto assets, exchanges, developers, stablecoin issuers, and market regulators.JPMorgan CEO Jamie Dimon criticized the bill, saying banks may oppose it unless lawmakers strengthen stablecoin, AML, and BSA rules.Senator Cynthia Lummis has warned that U.S. lawmakers may lose their best chance to pass digital asset market rules until 2030 if the CLARITY Act stalls this session.