Lummis blasts Democrats for opposing CLARITY Act despite investor protection clause
- —Lummis: CLARITY Act creates a retail investor advocacy office at the CFTC
- —Democrats demanded such an office but oppose the bill, she said
- —Senate rejected the motion to proceed on September 15 in a 49-50 vote
- —The bill would draw the line between SEC and CFTC oversight of digital assets
Why it matters: The CLARITY Act would set the US crypto regulatory framework, but the Senate remains deadlocked on procedure.
Source: TokenPost
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