Senator Lummis’ Urgent Warning on CLARITY Act
US Senator Cynthia Lummis stated that the CLARITY Act, which provides clearer regulatory oversight for the crypto industry, needs to be passed soon, otherwise the industry’s progress will be delayed by nearly four years, until 2030. Lummis emphasized in a Friday X post, “This is the end of our chance to pass the CLARITY Act until at least 2030,” stressing that they should not risk the US’s financial future. Industry participants believe the bill’s chances this year have diminished due to concerns that November midterm elections could shift Congress’s priorities.
Source: Chad Steingraber
Sector Leaders and IMX Supporters
Former White House AI and crypto official David Sacks also expressed similar views on Thursday, advocating that the Senate Banking Committee approve the market structure bill and President Trump sign it. Among sector representatives, a16z Crypto partner Chris Dixon, Immutable founder Robbie Ferguson—critical for IMX detailed analysis of the Web3 gaming company, Coinbase CEO Brian Armstrong, legal director Paul Grewal, and SEC Chairman Paul Atkins also support the bill. Dixon said consumers and entrepreneurs will win, while Ferguson expects growth in the IMX-based gaming sector. Coinbase reported that stablecoin yield disputes are affecting the talks.
IMX Technical Outlook and Price Analysis
IMX is attracting attention in the IMX futures market, with its current price at 0.18 USD. 24-hour change +%0.11, RSI 63.55 giving uptrend signal but Supertrend bearish. EMA 20: 0.1596.
- Supports: S1 0.1719 (73/100 ⭐ Strong), S2 0.1603 (62/100 ⭐ Strong)
- Resistances: R1 0.1981 (65/100 ⭐ Strong), R2 0.1829 (64/100 ⭐ Strong)
CLARITY Act uncertainty could affect projects like IMX; strong supports offer buying opportunities.
Source: https://en.coinotag.com/lummis-if-clarity-act-is-delayed-imx-will-suffer
