[U.S. Senator Lummis: Clarity Act, rejected by Democrats, had empowered the Treasury to combat money laundering by offshore exchanges] U.S. Senator Cynthia Lummis from Wyoming posted that Democrats had previously sought to grant the Treasury new powers to cut off funding channels for money laundering activities conducted through offshore exchanges like Binance. However, the Clarity Act she proposed had already provided the Treasury with relevant authority. She stated that Democrats voted against the bill during the vote, thereby rejecting the legislative attempt to strengthen regulation of money laundering by offshore crypto exchanges.