GOP Unveils Updated Crypto Bill With White House Ethics Clause, Aiming For Floor Vote
TL;DR Summary
Senate Republicans circulated a 616-page revision of the crypto bill (the Clarity Act) that adds a White House–backed ethics provision intended to curb federal officials’ involvement with digital assets. Enforcement would be DOJ-led, a stance Democrats say may be insufficient without broader oversight, and the provision sunsets in 2029. With no Democratic sign-off yet, Republicans hope for a floor vote next week, while critics warn the enforcement language may not satisfy bipartisan concerns and could require further changes.
- Republicans release new crypto bill text, with Trump-blessed ethics provision included Politico
- Senate crypto bill would ban federal officials — including presidents — from issuing digital assets CNBC
- Scoop: Progressives scorch Gillibrand over crypto Axios
- Bitcoin Rallies After Bessent Says Clarity Act at ‘1-Yard Line’ Bloomberg.com
- Coinbase Stock Is Rallying. Can Donald Trump’s Ethics Compromise Save the Clarity Act? Barron's
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