The July 22 text does not hand rug pullers blanket immunity: Section 10111 preserves generally applicable state fraud and consumer-protection laws, while Section 20109(b) preserves state cases against unregistered actors. James’s stronger point is narrower: CFTC registrants get exclusive federal jurisdiction, forcing states to proceed under the Commodity Exchange Act instead of their own blue-sky statutes, 7 U.S.C. §13a-2.

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Senator Lummis warns Congress has to pass the Clarity Act, saying the next real chance for crypto market structure legislation may not come until 2030

Senator Lummis warns Congress has to pass the Clarity Act, saying the next real chance for crypto market structure legislation may not come until 2030

𝕏/@SenLummis ·

U.S. Sheriffs’ association shifts its stance on the Clarity Act from opposition to neutral, months after warning the crypto bill could shield criminal activity

U.S. Sheriffs’ association shifts its stance on the Clarity Act from opposition to neutral, months after warning the crypto bill could shield criminal activity

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Trump says Congress needs to pass the Clarity Act during remarks with technology leaders on Wednesday

Trump says Congress needs to pass the Clarity Act during remarks with technology leaders on Wednesday

𝕏/@TheBlockCo ·

Andrew Cuomo urges Congress to pass the CLARITY Act, warning the U.S. is falling behind on crypto rules and needs clear boundaries for digital asset markets

Andrew Cuomo urges Congress to pass the CLARITY Act, warning the U.S. is falling behind on crypto rules and needs clear boundaries for digital asset markets

Coindesk ·

Mizuho lowers BitGo price target to $11, says Clarity Act delays may benefit firm

Mizuho lowers BitGo price target to $11, says Clarity Act delays may benefit firm

The Block ·

Senate Majority Leader John Thune files cloture on the Clarity Act, setting up a Sept. 15 procedural vote as lawmakers return from August recess

Senate Majority Leader John Thune files cloture on the Clarity Act, setting up a Sept. 15 procedural vote as lawmakers return from August recess

The Block ·

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