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Lummis Says CLARITY Act Would Have Enabled Faster Response to $6.3B Binance Hack

COINOTAG·October 31, 2026·1 min read
Lummis Says CLARITY Act Would Have Enabled Faster Response to $6.3B Binance Hack

Senator Lummis said the CLARITY Act would have enabled a faster response to the $6.3 billion Binance hack, as industry groups push for federal exchange oversight. The proposed legislation aims to clarify regulatory authority, potentially improving coordination and response times in future security incidents.

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