US Senator Lummis: Clarity bill extension is not the time to give up, the fight is far from over

Comparatively, on August 7, the Senate announced that voting on the Clarity bill would be postponed until September. Clarity bill supporter and US Senator Lummis posted on the X platform that I have worked so long and hard on this bill, so you can imagine how frustrated I am at the moment. Someday I'll have more to say, but for now, allow me to say that we've reached this point, and now is definitely not the time to give up.

I'm not going to give up on this because I deeply believe that the industry should thrive on US territory with clear rules; consumers should be protected from fraud, and have the confidence to participate in our digital economy; and law enforcement should also have the necessary tools to hold bad actors to account.

The Clarity Act is the only way we can achieve these goals. The status quo is showing its flaws in every way, and I'm not going to stop there until we fix this broken system. I will continue to work with my colleagues to achieve this goal, and the fight is far from over.