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Cynthia Lummis: “We need to have a robust spot market at the Commodity…”

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 09:25

The commodity side is more for digital assets that do not have the indicia of being a security. So that would go to the Commodity Futures Trading Commission. So We need to have a robust spot market at the Commodity Futures Trading Commission for digital assets. And so that's what our ancillary assets definition does. I kind of see, Talia, the Clarity act as being the ultimate base bill because it passed the House with a robust bipartisan participation. (09:25–09:32)

CLAIM

Asserts the necessity for a robust spot market for digital assets at the Commodity Futures Trading Commission.

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