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Weβve got a real opportunity to make sure the next generation of financial technology is built right here in America - creating good jobs, strengthening communities and keeping us competitive.
But we need clear rules to do it.
The Senate should pass the CLARITY Act.
@BuildOnLumia
My latest in @Newsweek:β¨https://t.co/fMUEo3Pw4q
βοΈ@BuildOnLumia Recaps July With AI, RWA Growth, and Institutional Adoption
During July, Lumia outlined its #AI infrastructure to support the full #RWA lifecycle, helping users manage assets while assisting issuers with tokenization & market access.
π https://t.co/obmnRgADpC
The rules for tokenized assets are being written in the US right now, and there are two ways to be in the room
Some are already registered with the #SEC. Others are shaping the rules from the inside.
We mapped the #RWA players doing both β including @BuildOnLumia, advised by two former US Congressmen, one from each side of the aisle π
Lumia has worked alongside policymakers and industry leaders to help advance clear, workable rules for digital assets in the United States. Now, that effort is approaching a critical moment.
August 7 could decide whether the CLARITY Act becomes law this year, or U.S. digital-asset market structure is pushed back for years.
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August 7 is not the end of the road for CLARITY. But if Congress fails to act by then, the time and political space needed to pass it before the midterms will shrink dramatically.
The window is narrow, but it is still open.
Itβs time to pass CLARITY.
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