FortuneX

Senator Cynthia Lummis says the Clarity Act's strict custodial and fund segregation rules will shield retail crypto users from the kind of catastrophic losses seen in the Voyager and FTX collapses.

FTX's fifth creditor distribution of roughly $900 million is set for July 31, 2026.

Ripple CLO Stuart Alderoty and Head of U.S. Public Policy Lauren Belive are urging the Senate to pass the CLARITY Act, warning that a vote against it would leave regulatory gaps open to exploitation...