From TokenPost · · 40s
Lummis Criticizes Democrats on Digital Asset Custody Rules
Sen. Lummis says Democrats rejected custody rules in Digital Asset Market Clarity Act vote.
In brief
Sen. Lummis says Democrats rejected custody rules in Digital Asset Market Clarity Act vote. Sen. Lummis accused Democrats of opposing custody standards for digital commodity exchanges in the Digital Asset Market Clarity Act. Originally reported by TokenPost.
Lummis Accuses Democrats
Sen. Cynthia Lummis accused Democrats of opposing custody standards the Digital Asset Market Clarity Act would require of digital commodity exchanges.
Senate Vote Outcome
On Sept. 15, the Senate failed to invoke cloture 49-50 with all Democrats voting against cloture and four Republicans.
Custody Rules Context
Lummis criticized Democrats over proposed exchange disclosure and recordkeeping provisions in the bill.
Here's the gist
Sen. Lummis accused Democrats of opposing custody standards for digital commodity exchanges in the Digital Asset Market Clarity Act.
