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Lummis Defends Clarity Act, Shuts Down Crypto Lawyer's Concerns

Published 5 days, 6 hours ago
Description

Senator Cynthia Lummis defends the Digital Asset Market Clarity Act, dismissing critics concerns about potential legal traps for decentralized finance creators. The bill, now with bipartisan amendments, aims to provide robust protections for non-custodial software developers, aligning with the Blockchain Regulatory Certainty Act. The Senate Banking Committee is set to review the act in April, potentially offering DeFi innovators a legal shield from constant uncertainty.

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