Senator Cynthia Lummis calls for quickly adoption of effective crypto market law compliance after the genius law came into force in the Senate

Senator Cynthia Lummis calls for quickly adoption of effective crypto market law compliance after the genius law came into force in the Senate
Senator Cynthia Lummis urges effective legislation for the cryptoma market
The US Senator Cynthia Lummis has emphasized that the congress adopted effective legislation for the cryptom market at short notice. Your claim comes immediately after the GENIUS Act has been adopted in the Senate, a law that aims to create a clearer regulative basis for digital assets.
Senator Lummis emphasizes the urgency to establish clear guidelines for the cryptocurrency sector in order to promote both innovation and the protection of investors. It is of the opinion that a well-regulated market can strengthen trust in digital currencies and secure the competitiveness of the United States in the global crypto room.
The discussion about the regulation of cryptocurrencies has been picking up speed for some time, and Lummi's current statement underlines the importance of a balanced approach that takes into account both the need for security and the potential for economic growth. By creating stable framework conditions, additional investors could be attracted to the cryptoma market, which could ultimately lead to a healthier and more transparent financial system.
With the Genius Act, the Senate has already taken a step in the right direction, but Lummis appeals to her colleagues to quickly advance the work on further legislation. It demands concrete measures that enable the various actors in the cryptom market to move in a clear and understandable legal environment.
Overall, Senator Lummi's commitment shows that regulating the cryptom market is a central topic in the US political agenda. It remains to be seen how fast and in what form the legislation is implemented, but the signals for increased supervision and regulation in the area of digital currencies are clearly given.