
Lummis Slams Democrats for Rejecting Large Trader Reporting in Clarity Act
- —Lummis said Democrats first demanded large trader reporting, then voted against it
- —The provision aimed to help regulators detect market manipulation
- —The Clarity Act seeks to establish a comprehensive US crypto regulatory framework
- —The vote underscores persistent political divisions over crypto rules
Why it matters: Delays to the Clarity Act prolong US regulatory uncertainty and could weigh on institutional demand for digital assets.
Source: Coinfomania
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