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TechFlow reports that on April 29, U.S. Senator Cynthia Lummis responded to journalists’ concerns regarding the developer protection provisions in the CLARITY Act, stating, “This is not a new challenge; efforts are currently underway to refine these provisions to safeguard developers who do not engage in fund transmission while holding bad actors accountable.”
U.S. Senator Cynthia Lummis responded to journalists’ concerns about the developer protection provisions in the CLARITY Act, stating, “This is not a new issue—the provision is currently under refinement to ensure the safety of developers who do not engage in fund transmission, while holding bad actors accountable.”
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