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Cynthia Lummis: “We have lost some business that left the US to find more…”

Featuring: Cynthia Lummis, Republican | U.S. Senate Wyoming

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Sen. Lummis expects CLARITY Act to be ultimate foundation for crypto market structure bill

Published | Video Starts at 13:54

… for the US to catch up to other regions around the world, including the EU, for example, which was the first to establish a market structure back in 2023? 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. (13:54–14:03)

CLAIM

Asserts that businesses have left the US due to a lack of regulatory clarity.

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.


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