U.S. Senator Cynthia Lummis and White House Digital Asset Advisor Patrick Witt stated that clear cryptocurrency regulatory rules will determine whether the U.S. can continue to lead in financial innovation. Lummis warned that if an anti-cryptocurrency government reemerges in the future, the U.S.'s "reasonable regulation" could be "game over," and said the 2026 election cycle will be crucial for Congress to establish a long-term regulatory framework for digital assets. Witt said the U.S. should "dominate" in the crypto space, and the Clarity Act will clarify responsibilities for exchanges, wallet providers, and developers, potentially encouraging trading venues and developers to return to the U.S. (Bitcoin Magazine)

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