Senator Cynthia Lummis warns that the current congressional session represents the final opportunity to pass the CLARITY Act before 2030. Industry leaders and regulators are calling for immediate action to establish a clear market structure for digital assets.
- Senator Lummis warns of a potential delay until 2030 if the Act is not passed now
- SEC Chairman Paul Atkins supports the move to prevent 'rogue' regulation
- Coinbase and a16z leadership emphasize the need for defined market rules
- Stablecoin yield disputes are identified as the primary remaining legislative hurdle
- Midterm elections in November pose a significant risk to legislative momentum
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