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U.S. Senator Cynthia Lummis posted on social media stating that the previous administration caused the digital asset industry to relocate overseas. She emphasized that now is the time to establish clear regulatory rules for the digital asset industry and welcome it back to the United States, calling for the passage of the Clarity Act.
Coinbase CEO Brian Armstrong responded to U.S. Treasury Secretary Scott Bessent’s call for the passage of the “Clarity for Digital Assets Markets Act” (CLARITY Act), expressing agreement and gratitude for his advocacy. Armstrong emphasized that bipartisan collaboration between senators and staff over the past several months has significantly strengthened the bill. Earlier, the U.S. Treasury Secretary urged Congress to swiftly pass the CLARITY Act.