U.S. Crypto Regulation: Cynthia Lummis Says Democrats Rejected CLARITY Act Limits They Requested

Key Insights U.S. crypto regulation: Cynthia Lummis says Democrats opposed fundraising caps they had requested. The Senate CLARITY Act vote failed 49–50, below the 60-vote cloture threshold. U.S. crypto regulation objections included ethics, conflicts, and illicit-finance concerns. Sen. Cynthia Lummis said Democrats voted against advancing the CLARITY Act after lawmakers included fundraising limits the party had requested. In this latest U.S. crypto regulation news, her account puts those caps at the center of the Senate CLARITY Act vote, which failed on September 15. The debate also involved ethics rules and safeguards tied to President Donald Trump’s crypto interests. U.S.