CryptoCotton

Visualize a verifiable truth based interweb3 with interoperable, communacative, intelligent (smart) contracts . Be not left behind. $LINK

[Senator Cynthia Lummis @SenLummis]

If we don't pass the Clarity Act this Congress, we are handing the future of digital finance to jurisdictions that do not share our values.

[Senator Cynthia Lummis @SenLummis]

To every developer, every founder, every holder who stuck with this through the hard years — the Clarity Act is for you.

[Senator Cynthia Lummis @SenLummis]

The greatest changes to financial infrastructure in a century are happening right now. America either shapes it or reacts to it.

[Senator Cynthia Lummis @SenLummis]

The Clarity Act doesn't pick winners. It creates a level field where the best ideas win. That's how America is supposed to work.

[Senator Cynthia Lummis @SenLummis]

We are continuing the work on the Clarity Act to ensure that America is the one who writes the rules.

This bipartisan bill will protect consumers.

[Senator Cynthia Lummis @SenLummis]

Every week without the Clarity Act is a week another country writes the rules we should be writing.

[Bitcoin News @BitcoinNewsCom]

NEW: The Clarity Act has officially been reported out of the Senate Banking Committee and placed on the Senate Legislative Calendar.

On May 14, the committee voted to advance the bill.

As of June 1, that process is complete and the legislation is now eligible to be scheduled for consideration by the full Senate. The next major hurdle is a floor vote.

The sequence is now:

✅ Introduced
✅ Committee hearings
✅ Committee markup
✅ Passed Senate Banking Committee (15-9)
✅ Placed on Senate Calendar
⬜ Full Senate debate/amendments
⬜ Senate floor vote
⬜ House-Senate reconciliation (if needed)
⬜ Presidential signature

[Senator Cynthia Lummis @SenLummis]

American capital markets became the envy of the world because we had clear rules and deep liquidity. We can do that again with digital assets.

[Senator Cynthia Lummis @SenLummis]

America built the dollar-dominated financial system that has anchored global stability for a century. The Clarity Act ensures we build the next one. The time to act is now — before Beijing decides it will.

[Senator Cynthia Lummis @SenLummis]

If the United States doesn't establish the global standard for digital asset regulation, someone else will.

China is not waiting.

The Clarity Act is how America leads — and how we ensure our adversaries don't write the rules of the next financial era.

[Senator Cynthia Lummis @SenLummis]

The next window for digital asset legislation after this Congress is likely 2030. Until then, developers remain exposed with no legal protections, and law enforcement remains without the tools to hold bad actors accountable. The Clarity Act solves both.

[Financial Services GOP @FinancialCmte]

The House passed the CLARITY Act because America cannot afford to lead the world in innovation while lagging behind in rules. It delivers clear market structure, stronger consumer protections, and certainty for innovators — all while keeping jobs and investment here at home. Now it’s time to finish the job.

[Senator Cynthia Lummis @SenLummis]

Without the Clarity Act, if a digital asset exchange goes bankrupt, customers have no guaranteed right to their own assets. They join a creditor line w/ other Wall Street firms and expensive lawyers and hope for the best. This is a consumer protection failure Congress must fix.

[Zedzies @Zedzies]

These DTCC assets are going to settle across many, many chains and as they sit there and collect dust, @chainlink calls are still being made for daily end of day NAV pricing and proof of reserve validations. When they finally do move to another chain for use in applications, Chainlink CCIP, POR and ACE calls will be made.

So all of these chains are claiming victory for getting a small sliver of the settlement pie (least valuable, most commoditizable portion of the stack), while Chainlink gets the entire orchestration, security and data pie (the most valuable, least commoditizable portion of the stack).

[Senator Cynthia Lummis @SenLummis]

If the Clarity Act doesn't pass this Congress, American software developers will be targeted again for prosecution in the near future just for publishing code. These are the stakes.

[Chainlink @chainlink]

Fragmented infra is holding back global finance from capitalizing on the $867 trillion tokenization opportunity.

That's why Swift, J.P. Morgan, UBS, & many more institutions adopt Chainlink to connect to the onchain economy.

The world is moving onchain through Chainlink.

[Chainlink @chainlink]

Requirements for the mainstream adoption of stablecoins:

• Accurate pricing
• Reliable proof of reserves
• Secure cross-chain infra

That's why leading issuers & DeFi protocols like Circle, Aave, & Maple use Chainlink to eliminate data & cross-chain risk.

LINK everything.

[Senator Cynthia Lummis @SenLummis]

The digital asset industry operating in America without a real rulebook isn’t a free market, it’s a liability. America needs the Clarity Act now to ensure America writes the rules

[Senator Cynthia Lummis @SenLummis]

Every month without a clear framework is another month where American investors are exposed and American innovators are left guessing. I didn’t spend years writing the Clarity Act to watch us keep kicking the can down the road.

[Senator Cynthia Lummis @SenLummis]

Wyoming didn’t wait for Washington to figure out digital assets. We built the framework ourselves. I didn’t come to the U.S. Senate to slow that down, I came here to scale it—and that’s exactly what my bill, the Clarity Act, does.