Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Stocks
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Earn
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
2026 World Cup
Rewards
Square
Latest
Hot
News
Profile

Lummis: Clear Bill Will Reshape US Crypto Finance

CoinNetwork
robot
Abstract generation in progress
CoinWorld News: Senator Cynthia Lummis reiterated her call for lawmakers to advance the Clarity Act, a measure intended to set clearer rules for the U.S. digital asset market. Lummis said the bill will “lay the foundation for financial services in the 21st century.” The bill has passed the House and received approval from the Senate Banking Committee; it now needs a full Senate vote to move closer to becoming law. If the Senate does not take action before the August recess, the legislative process could be delayed until 2027. Lummis also opened a final review window for updating the bill text, with a revised version expected to be released on July 4—giving lawmakers and industry groups one last chance to review. The bill faces debate over stablecoin yield products, ethical rules, and decentralized finance regulation. Supporters believe the bill could replace enforcement-focused policies with written rules and allocate $150 million for crypto fraud investigations, helping institutions track scammers and bad actors.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • 1
  • Share
Comment
Add a comment
Add a comment
LittleBitcoinInTheReflection
· 7h ago
How should decentralized finance be regulated? The question itself is a paradox—let’s see how lawmakers will spin it.
View OriginalReply0
GateUser-4aa73916
· 8h ago
This line, when translated, becomes: “Written rules replace an enforcement-oriented approach—stop living off fines.”
View OriginalReply0
L2NightRunner
· 8h ago
The House passed it and the Senate Banking Committee also approved it; now it's stuck at a full floor vote — classic last mile.
View OriginalReply0
0XNightRun
· 8h ago
On July 4, the revised text was announced, making lawmakers work overtime on Independence Day. Really know how to pick a day.
View OriginalReply0
GateUser-c4e25c95
· 8h ago
If it gets stuck before the August recess, see you in 2027. This timeline is so Web3.
View OriginalReply0

  • Pinned

Sitemap