Rapid developments are underway regarding the regulatory framework for digital assets. U.S. Senator Cynthia Lummis has once again issued a warning about the urgency of passing the CLARITY Act. Her remarks are intriguing. If the bill is not passed within this year, the next opportunity for regulatory reform will be approximately four years away.

Senator Lummis stated on social media, "2030 is the last chance to pass the CLARITY Act," emphasizing that "we must not jeopardize the future of American finance." The goal of this bill is clear. It aims to establish a clear regulatory structure for the cryptocurrency industry and clarify the responsibilities of various oversight agencies, thereby promoting innovation and market development.

Movements within the industry are also gaining momentum. Former White House AI and digital asset chief David Sax has stated, "Now is the time to act," supporting the early advancement of the bill. He predicts that legislation related to market structure will ultimately be signed into law by the president.

What’s more noteworthy is that major industry players are aligned in the same direction. Several industry leaders have recently called for accelerating the legislative process, believing that clear rules will foster innovation and expand market participation.

Regulatory authorities are also showing support. SEC Chair Gary Gensler has expressed backing for the push toward comprehensive market structure legislation. There is a clear desire to minimize the negative impact of regulatory uncertainty on industry growth.

However, challenges remain. As the U.S. midterm elections approach, the priorities of Congress may shift. There is growing concern in the market that this could lead to delays in the legislative process.