Lummis: Act Now on Crypto or Wait Until 2030!

Senator Cynthia Lummis is sounding the alarm: if Congress fails to pass digital asset legislation in the current session, the next realistic window may not open until 2030. Speaking on the urgency of the moment, Lummis framed inaction as a dual failure — leaving developers exposed without legal protections while simultaneously denying law enforcement the statutory tools needed to pursue bad actors in the crypto space.

At the center of her push is the CLARITY Act, which Lummis says is specifically designed to close both gaps. The bill aims to establish a clear regulatory framework for digital assets, resolving the long-standing ambiguity over which assets are securities and which are commodities — a distinction that has paralyzed institutional participation and stifled developer activity for years.