Senator Lummis Says Truly Decentralized Assets Should Not Face Bank-Style Regulation

According to Bitcoin News, U.S. Senator Cynthia Lummis stated that truly decentralized assets should not be regulated like banks. Lummis emphasized that correctly distinguishing between decentralized and centralized systems took years of work, and the opportunity now exists to codify this principle into law. She called for passage of the Clarity Act to enshrine this regulatory distinction.
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