CLARITY Act Would Protect Customer Crypto From Exchange Bankruptcies, Senator Says

AI Summary Senator Cynthia Lummis says the CLARITY Act would ensure customer-owned crypto remains customer property if an exchange fails, addressing a legal gap exposed by the bankruptcies of Celsius and Voyager while advancing broader U.S. crypto market rules. CLARITY Act Seeks to Prevent Another Celsius-Style Bankruptcy Dispute Senator Cynthia Lummis (R-WY) said the CLARITY Act would […] fulltext: 387 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/clarity-act-would-protect-customer-crypto-from-exchange-bankruptcies-senator-says/ Source: Bitcoin.com News