Lummis blasts Democrats for rejecting anti-evasion language in Clarity Act
- —Democrats voted against measures to close loopholes for scammers
- —Lummis: the language would let the SEC assess the totality of circumstances
- —Clarity Act aims to sharpen SEC authority over digital assets
Why it matters: Rejecting the provisions leaves gaps in oversight and delays clear US crypto rules, keeping regulatory uncertainty alive for traders.
Source: Coinfomania