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U.S. Senator Lummis: Truly decentralized things should not be regulated like banks

SmartContractAuditor

2026-07-19 14:53:28

Odaily Planet Daily reported that Bitcoin News on X said that U.S. Senator Lummis stated: “If something is truly decentralized, it shouldn’t be regulated like a bank. It took many years of work to correctly distinguish this, and we finally have the chance to codify it into law. Let’s pass the ‘Clarity Act.’”

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