
Lummis Says Democrats Blocked Ban on Manipulable Digital Commodities in CLARITY Act
- —Lummis said Democrats opposed a ban on trading easily manipulated digital commodities
- —The measure was part of the CLARITY Act on digital asset regulation
- —Democrats rejected the consumer protection provision
- —The outlook for digital commodity regulation remains uncertain
Why it matters: The failed provision leaves retail investors with weaker safeguards and delays clear rules for the U.S. crypto market.
Source: Coinfomania
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