Revised U.S. CLARITY Act Imposes Strict Crypto Ethics Rules on Officials
The latest version of the U.S. Senate's CLARITY Act includes stricter conflict-of-interest rules, barring high-ranking officials, including the President and members of Congress, from issuing or sponsoring digital assets. The revised bill, which incorporates 126 changes to gain Democratic support, also grants state attorneys general enforcement authority. These provisions may impact the Trump family's crypto interests, including those linked to World Liberty Financial (WLFI).
Summaries are written by AI from the original article. Not investment advice.