Senators Seek Industry Input on Crypto Payments Bill as Lumia Shares Insights
As part of its broader initiative to develop the U.S. market for tokenized real-world assets (RWA), Lumia held a dedicated session with members of the U.S. Senate Committee on Banking, Housing, and Urban Affairs.
After a productive meeting in Washington with key lawmakers and regulators, organized by David Martin McIntosh, Public Policy Advisor at Lumia, former U.S. Representative from Indiana and president of the Club for Growth, the company was invited to meet with the Senate Banking Committee to discuss the Clarity for Payment Stablecoins Act.
Lumia Chief Technology Officer Deniz Dalkilic presented the company’s strategic vision and proposed ways to strengthen the draft legislation. The meeting was a natural extension of Lumia’s ongoing talks with U.S. policymakers aimed at building long-term partnerships to advance the RWA sector.
Senior committee staff and advisers in attendance included:
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Ammon Simon, Chief Counsel to Senator Tim Scott, Senate Committee on Banking, Housing, and Urban Affairs
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Brian Montesinos, Professional Staff Member, Senate Committee on Banking, Housing, and Urban Affairs
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Lucas Christopher, Policy Director, Senate Banking Committee
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Janie Faulkner, Deputy Policy Director & Senior Counsel, Senate Banking Committee
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Chris Land, Staff Director, U.S. Senate Banking Subcommittee on Digital Assets
The discussion explored practical approaches …