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Gate Square New & Returning Creator Rewards are ongoing!
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Sen. Lummis Unveils Bipartisan Act to Protect Crypto Builders as Clarity Act Delays
Source: CryptoNewsNet Original Title: Sen. Lummis Unveils Bipartisan Act to Protect Crypto Builders as Clarity Act Delays Original Link: Pro-crypto U.S. Senator Cynthia Lummis has introduced a bipartisan act to protect blockchain developers from being subject to money transmitter licenses. She joined forces with Senator Ron Wyden to unveil the Blockchain Regulatory Certainty Act.
“Forcing developers who write code to follow the same rules as exchanges or brokers is technologically illiterate and a recipe for violating Americans’ privacy and free speech rights,” Wyden said.
Clarity Act Markup Further Delayed
The expected markup for the Clarity Act this week has been pushed to the last week of January. According to an announcement from John Boozman, the chair of the U.S. Senate Committee on Agriculture Nutrition and Forestry, more time is needed to finalize the remaining details.
Meanwhile, Patrick Witt, president’s council of advisers for digital assets, has urged the crypto community to practice patience as the Clarity Act is on the horizon.
“Don’t panic. Stay engaged, and trust the process. Clarity is near,” Witt posted on social media.
Expected Market Impact
The rising momentum for crypto regulatory clarity in the United States is a trigger for a bullish outlook in 2026. Furthermore, the stablecoin industry has surged to over $315 billion following the enactment of regulatory framework in the United States in 2025.
According to Cardano Founder Charles Hoskinson, the crypto market will experience a bull run once President Donald Trump signs into law the Clarity Act.