U.S. Senators Release Clarity Act Draft With Ethics Clause Restricting Official Crypto Holdings

U.S. senators recently released a revised draft of the Clarity Act (Digital Asset Market Clarity Act), which merges two previous versions from the Senate Banking and Agriculture committees. The new draft introduces ethics provisions for the first time, proposed to prohibit senior government officials from sponsoring or issuing personal cryptocurrencies. The legislation remains under development, with bipartisan support for key provisions still uncertain, according to reports.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments