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2026-06-08 11:56:37 UTC

rwatimes on Nostr: šŸ“° Lummis Says CLARITY Act Is at the 5 Yard Line as Floor Vote Nears šŸ—“ļø Jun 08 ...

šŸ“° Lummis Says CLARITY Act Is at the 5 Yard Line as Floor Vote Nears
šŸ—“ļø Jun 08 2026 05:29 UTC - Shweta Chakrawarty

Senator Cynthia Lummis confirms the CLARITY Act is heading to a Senate floor vote following its successful, bipartisan 15-9 clearance.

āž¤ The Digital Asset Market CLARITY Act has passed the Senate Banking Committee with bipartisan support and is now heading towards a Senate floor vote, marking a significant milestone for U.S. crypto regulation.
āž¤ The bill aims to provide regulatory clarity by assigning oversight roles to the CFTC for spot markets and the SEC for certain token offerings, while also addressing DeFi, stablecoins, and CBDCs.
āž¤ Supporters believe the act will foster innovation and attract institutional capital by reducing regulatory uncertainty, though challenges remain regarding legislative procedures and potential amendments.

#clarityact #cynthialummis #digitalassets #cryptoregulation #senatebankingcommittee #cftc #sec #defi #stablecoins #cbdc

šŸ”— Read more at: https://rwatimes.io/articles/coinfomania-lummis-says-clarity-act-is-at-the-5-yard-line-as-floor-vote-nears-1115951299