Senator Lummis has made Section 604 of the CLARITY Act the centerpiece of her case for developer protection, citing the August 6, 2025 conviction of Tornado Cash co-founder Roman Storm as the clearest evidence that open-source developers face genuine criminal exposure under current law. The provision would codify a federal safe harbor exempting non-custodial software…
Key Takeaways Lummis says the CLARITY Act ends prosecution risk for U.S. coders after the Senate panel’s 15-9 vote. The CLARITY Act could reach a full Senate vote in 2026, needing 60 votes to clear the filibuster. Backers, including 160 security veterans and 1,200 tech firms, warn delay risks pushing rules to 2030. Developers in…
Key Takeaways The Consumer Technology Association, which represents more than 1,200 technology companies, is seeking clearer federal rules for digital assets. Firms say uncertainty complicates compliance, product launches, and long-term investment planning. Senate action could determine how U.S. markets compete with clearer overseas frameworks. CTA Calls for Swift Senate Action on CLARITY Act The Consumer…
Senator Bill Hagerty told FOX Business on June 18 that he still hopes the Digital Asset Market Clarity Act can clear the Senate before the July 4 recess, even while conceding the bill may slip past Independence Day. His optimism lands against a wall of procedural reality: the CLARITY Act has not yet received a…
