Senator Cynthia Lummis has warned that if the CLARITY Act doesn’t get the votes in the current Congress, the next real shot at hammering out crypto market structure rules might not come until 2030. Basically, we could be looking at a years-long freeze on any meaningful crypto regulation.

What Lummis Said

According to Lummis, if the CLARITY Act doesn’t pass now, the window to revisit this kind of legislation won’t open again until 2030. That means any decisions on core crypto market rules could be pushed back by several years.

What the CLARITY Act Is About

The CLARITY Act is designed as a framework bill for the crypto market structure. The goal: set clear ground rules for how the industry operates at the legislative level. Specifics about the bill’s details and its progress in Congress weren’t disclosed in this statement.

Why This Matters

This timeline means the crypto industry could be left in limbo on market structure for years. For companies and investors, that’s like hitting pause on critical rules—impacting strategic planning and delaying new projects for the long haul.