Cynthia Lummis stated that the CLARITY Act would strengthen protections for DeFi developers. She argued that recent changes to Title 3 would create the strongest DeFi developer protections in law.
In a post on X, she wrote, ‘Don’t believe the FUD,’ and noted bipartisan changes to Title 3 as evidence that the measure would provide the strongest protection for DeFi and developers ever enacted. She also said lawmakers must pass the CLARITY Act for those protections to take effect. Her comments came as Senate negotiations continued over the market structure bill and as the wider crypto industry watched the next version of the text.
U.S. Senator Cynthia Lummis argues that the CLARITY Act would enhance protections for DeFi developers. She says recent changes to Title 3 would establish the strongest DeFi developer protections in law and cites bipartisan momentum as evidence. Supporters say passage of the CLARITY Act is needed for those protections to take effect.
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