CoinDesk·3 min read·medium
Senator Lummis: Ethics, other provisions in crypto Clarity Act to be further discussed
N
Nikhilesh De
✦AI Summary
Senator Cynthia Lummis is preparing to introduce a consolidated version of the Clarity Act, which aims to regulate the cryptocurrency industry. The bill faces ongoing negotiations regarding ethics provisions and the extent of state-level authority to prosecute crypto entities.
The Senate's Judiciary, Ethics and Intelligence Committees all had input into the bill, Lummis told CoinDesk on Wednesday, and while the process has "been very difficult," the bill is ready for additional feedback.
politicscryptobusiness
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