Cynthia Lummis: “We can do that without sacrificing consumer protections.”

“Well, we have lost some business that left the US to find more regulatory clarity elsewhere. I'm hopeful that we can recruit it back to the US Because I'm hoping that our framework is more innovation friendly and We can do that without sacrificing consumer protections. We can do that with, while still avoiding sanction, providing clarity so that there's no ability to use digital assets to avoid sanctions and address the illicit finance issue.” (14:13–14:18)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.