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Crypto EconomyApr 10, 2026Local News

Cynthia Lummis: Clarity act may stalL progress for four years

Scott Bessent urged Congress to pass the CLARITY Act immediately to provide much-needed regulatory definitions for digital assets.

Cynthia Lummis: Clarity act may stalL progress for four years
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tl;dr

Senator Cynthia Lummis warned that the CLARITY Act could stall crypto industry progress for four years, while Scott Bessent and Coinbase leadership urged immediate legislative approval to resolve regulatory uncertainty.

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