Sen. Lummis Says Crypto Market Structure Bill Talks Have Hit a Wall

U.S. Senator Cynthia Lummis, a leading advocate for crypto legislation in Washington, has indicated that negotiations on the Crypto Clarity Act have stalled. Lummis, who has worked on the bill for over five years, says she has exhausted her willingness to make further revisions. The senator cited continued Democratic demands for additional changes as the key obstacle blocking progress. The impasse raises fresh uncertainty over the timeline for passing a comprehensive crypto market structure framework in the United States.