WASHINGTON, May 14 -- Sen. Lisa Blunt Rochester issued the following press release:

Senator Lisa Blunt Rochester (D-Del.), member of the Senate Banking, Housing, and Urban Affairs Committee, today released a statement outlining her opposition to the CLARITY Act, legislation to regulate the digital asset market.

"Digital assets and blockchain technology present real questions and real opportunities, and legislation of this magnitude must be done right. I appreciate the substantial work many of my colleagues put into improving this legislation through good-faith bipartisan negotiations. While several provisions improved during negotiations, I do not believe the bill adequately addresses several serious outstanding concerns related to consum...