Lummis Rebuts Warren, Defends CLARITY Act on Crypto Sanctions Enforcement

Senator Cynthia Lummis pushed back against Senator Elizabeth Warren's criticism of the Digital Asset Market CLARITY Act, arguing that the legislation strengthens rather than weakens U.S. sanctions enforcement against illicit crypto activity.

Lummis disputed Warren's claim that the bill would create opportunities for sanctions evasion, pointing to provisions she said expand the Treasury Department's authority to combat the misuse of digital assets.

The CLARITY Act authorizes additional crypto-related sanctions targeting Iran and gives cryptocurrency exchanges greater authority to block illicit funds before they reach North Korea or other sanctioned entities.

Lummis' comments came after Warren criticized the legislation, describing it as 'a ticket to sanctions evasion.'