Odaily Planet Daily report: On August 7, the Senate announced it was delaying the vote on the Clarity Act until September. Lummis, a U.S. Senator and supporter of the Clarity Act, posted on X: "I’ve put so much long and hard work into this bill, so you can imagine how frustrated I am right now. One day I’ll have more to say, but for now, let me just say—we’ve come this far, and now is absolutely not the time to give up."
I will not give up, because deep down I believe this industry should thrive under clear regulations on U.S. soil; consumers deserve protection from fraud and the confidence to participate in our digital economy; and law enforcement must have the necessary tools to hold bad actors accountable.
The Clarity Act is our only path to achieving these goals. The current situation is flawed in every way, and I will not rest until we fix this broken system. I will continue working alongside my colleagues to reach this goal—this fight is far from over.