Cynthia Lummis Says Crypto Act Will Be ‘Best Thing’ That Could Happen To DeFi: ‘American Innovation Can Stay Right Here’

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Sen. Cynthia Lummis (R-Wyo.) strongly endorsed the Clarity Act on Tuesday, noting that decentralized finance developers will face far less regulatory uncertainty after the bill becomes law.

DeFi Industry Will Have ‘Safe Harbor’

In an X post, Lummis dubbed the Clarity Act as the “best thing that could happen to the DeFi community.”

“Developers, validators, and node operators will finally have a safe harbor and we can ensure American innovation can stay right here on U.S. soil,” the senior lawmaker argued.

Full story available on Benzinga.com

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