Senator Lummis Warns CLARITY Act Could Be Delayed Until 2030

2 Min Read
  • Senator Cynthia Lummis urged Congress to pass the CLARITY Act during its current session, warning that the next real opportunity may not come until 2030.
  • A procedural vote to end debate and advance the crypto market structure bill is scheduled for September 15, 2026.
  • The measure needs at least 60 votes to advance in the Senate.

Senator Cynthia Lummis on September 6, 2026, urged Congress to complete work on the CLARITY Act during its current session. She warned that otherwise the next real opportunity to pass crypto market structure legislation may not come until 2030, potentially costing years of jobs, investment and tax revenue.

“If the Clarity Act doesn’t pass this Congress, the next real opportunity to bring market structure legislation back up is 2030. That’s years of jobs, investment, and tax revenue we can avoid squandering if we finish this now,” Lummis said in a post on September 6, 2026.

Senate vote scheduled for September 15

The Senate Banking Committee approved the CLARITY Act by a 15-9 vote in May 2026 and sent the bill to the full Senate for consideration.

Supporters initially expected the legislation to advance before Congress’ August recess, but consideration was postponed until after the break.

A procedural vote to end debate and advance the bill is scheduled for September 15. The measure requires at least 60 votes to move forward.

U.S. President Donald Trump has also urged Congress to pass the CLARITY Act. At a meeting with crypto industry representatives, Coinbase CEO Brian Armstrong called the September 15 vote a key milestone for the bill.

Source: Incrypted

Binance Bitcoin Theft Surpassed Holdings of Multiple Crypto Companies

According to TRM Labs, hackers stole 18,270 BTC worth about $1.4 billion from Binance on Oct. 29, 2026, in an attack linked with high confidence to North Korea’s TraderTraitor group.

3 Min Read
Tether Earns $1.5 Billion Q3 Profit, Nearly Doubles Excess Reserves

Tether reported about $1.5 billion in net operating profit for the third quarter of 2026, while excess reserves rose from roughly $4.1 billion to $7.95 billion.

3 Min Read
US Senator Links Binance Hack to Need for CLARITY Act

U.S. Sen. Cynthia Lummis said the failed CLARITY Act could have given crypto companies legal protection to freeze suspicious transactions immediately at law enforcement’s request following Binance’s Oct. 29 hack.

3 Min Read
Anthropic Faces Speculative Rating Assignment After IPO

Blackstone told investment partners it expects Anthropic to receive a BB credit rating or higher after consulting leading rating agencies, the Financial Times reported.

4 Min Read
OneKey Expert Flags Binance Hack Risks to BlackRock’s $63 Billion Bitcoin ETF

OneKey representative Yishi warned that compromising BlackRock’s roughly $63 billion IBIT signing infrastructure could enable bitcoin theft without stealing private keys, potentially leaving shareholders with uncompensated losses.

5 Min Read