November 14, 20261 min read0 views

Lummis Criticizes Democrats Over Vote Against Clarity Act

Sen. Cynthia Lummis criticized Democrats for voting against the Clarity Act, a measure intended to clarify how network tokens should be treated under U.S. law.

The act aims to establish a regulatory framework for network tokens and related assets. It is also intended to keep traditional securities out of crypto markets.

Riza Dagoc

Riza Dagoc reports on regulation,…

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Sen. Cynthia Lummis criticized Democrats for voting against the Clarity Act, a measure intended to clarify how network tokens should be treated under U.S. law.

The act aims to establish a regulatory framework for network tokens and related assets. It is also intended to keep traditional securities out of crypto markets.