Odaily Planet Daily News: Cynthia Lummis said in a post on X that the Democratic Party previously requested new powers for the Treasury Department to cut off funding channels for money-laundering activities conducted through offshore exchanges such as Binance, and that her proposed Clarity Act has provided the Treasury Department with relevant authorities. She added that the Democrats voted against the bill in the vote, effectively rejecting the legislative attempt to strengthen regulation of money-laundering by offshore crypto exchanges.