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Cynthia Lummis: Clarity Act defines digital asset status as security or commodity
Cynthia Lummis, U.S. Senator at U.S. Senate, states that the Clarity Act provides an important distinction between digital assets that are classified as securities and those considered commodities.
She emphasizes that this legal clarity around digital asset categories has been needed for the past decade.
Lummis previously argued that the Clarity Act will decide whether the U.S. leads or lags in shaping the next financial system. The legislation has also featured in Senate hearings, where Treasury Secretary testimony addressed both a Strategic Bitcoin Reserve and the Clarity Act before the Finance Committee, as spotlighted by Lummis in recent months. Her focus on digital asset policy continues to shape legislative debate.
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