Lummis Sets July as Senate Floor Deadline for Clarity Act, Tells Dimon to Read the Bill
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6 Articles
Lummis Pushes Back Against Dimon’s Criticism of Crypto Bill
Senator Cynthia Lummis says the CLARITY Act already addresses the concerns JPMorgan CEO Jamie Dimon raised. Dimon argues the crypto bill lacks key safeguards, while Lummis says recent revisions closed gaps. Supporters see stronger crypto oversight, but critics warn parts of the bill could weaken AML rules. Senator Cynthia Lummis pushed back against criticism of the Digital Asset Market CLARITY Act from JPMorgan CEO Jamie Dimon, arguing that the …
Senator Lummis Pushes For CLARITY Act Vote Before Recess
Senator Cynthia Lummis is pushing for a Senate vote on the CLARITY Act before recess, keeping crypto market-structure legislation in focus. TL;DR Senator Lummis is pressing for action on the CLARITY Act before recess. The bill remains central to US crypto market-structure reform. Traders are watching whether clearer rules can support institutional participation. CLARITY Act Timeline Moves Back Into Focus Senator Cynthia Lummis is pushing for th…
The Defiant
BITRSSLummis Sets July as Senate Floor Deadline for Clarity Act, Tells Dimon to Read the Bill
Senator Cynthia Lummis announced Wednesday morning that the Digital Asset Market Clarity Act will reach the Senate floor in July, setting the first hard public commitment to a floor date from the bill's lead sponsor. Lummis made the announcement on Fox Business's "Mornings with Maria," saying the... Read the full story at The Defiant
The Trump administration is pushing the pace to bring the Krypto law to the market structure across the finish line before the MPs go into the summer break. Negotiations are continuing, while the Republicans want to bring the law to the Senate floor before the August break – despite repeated stumbling blocks in the question of how much authority the federal state prosecutors should have in enforcing the ethics rules.For traders, this is far more…
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