Senator Lummis says US is ‘waking up’ on crypto after historic legislative week

Key Points

1. Senator Lummis cites two key legislative milestones: the GENIUS Act, which authorizes payment stablecoins, and the CLARITY Act, now under Senate consideration.

2. She notes growing bipartisan support for crypto legislation, emphasizing collaboration and amendments to achieve consensus.

3. Lummis distinguishes the Senate bill by focusing on classifying digital assets as securities or commodities.

4. She also introduces the RISE Act, a new AI-focused legislation, and links it to broader technological innovation efforts.

5. Lummis encourages crypto builders to remain optimistic, citing President Trump's goal to make the US the digital asset capital of the world.