[U.S. Senator: Only Congress Can Grant the CFTC Authority to Regulate the Digital Asset Spot Market, the 'Clarity Act' Is the Only Viable Path] According to a report by Jinse Finance, on July 14, U.S. Senator Cynthia Lummis stated that no administrative rule can grant the Commodity Futures Trading Commission (CFTC) the authority to regulate the digital asset spot market, nor can it provide the agency with new sanctioning powers against counterparties, let alone protect developers from unwarranted prosecutions. Only Congress has the power to achieve these objectives, and the 'Clarity Act' is the only viable path to realizing these goals.