Lummis: Democrats Reject Stiffer Crypto Penalties in Clarity Act Push
- —Democrats rejected an amendment to toughen penalties for digital-asset violations
- —The Clarity Act continues to move through the legislative process
- —Lummis backs clearer rules for digital assets
- —Enforcement of the eventual law would fall to the DOJ
Why it matters: The dispute over penalties will shape how strict US crypto regulation becomes and how heavy the compliance burden is for firms.
Source: Coinfomania
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