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Cynthia Lummis, U.S. Senator at U.S. Senate, notes that U.S. senators are free to vote against stronger restrictions on politicians regarding crypto investments.
She adds that a majority of Americans are likely to disagree with such decisions.
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Lummis has previously advocated for stronger investor protections in the crypto sector. She argued that the Clarity Act would prioritize consumer assets in the event of crypto exchange bankruptcies. She has also stated that the Clarity Act would require digital asset exchanges to comply with U.S. bank secrecy and anti-money laundering rules.