#Legislative Battle Over Clarity Act

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UPDATE: A bipartisan ethics compromise on the CLARITY Act giving state attorneys general enforcement power alongside the DOJ, is now under White House review this weekend, with a Senate floor vote before August recess hanging in the balance. https://t.co/sx7Ks5irYR

🚨🗞️NEW: President Trump Weighs Bipartisan Ethics Proposal as Clarity Hangs in the Balance This weekend will be a high-stakes waiting game for Clarity Act supporters as the White House considers an ethics counteroffer involving state attorneys general. https://t.co/KBqx4zyRZF

🚨 THE BIGGEST U.S. CRYPTO BILL JUST TOOK A MAJOR STEP FORWARD. Senate Republicans have released an updated 616-page version of the CLARITY Act. The latest draft includes several new changes as lawmakers race to secure enough votes before the August recess. Here are the biggest updates: • The bill would prohibit the President, Vice President, Members of Congress, senior executive branch officials, and their spouses from issuing or promoting digital assets. • The restriction also extends to former Presidents, including Donald Trump, marking one of the biggest changes made during negotiations. • A new Law Enforcement section has been added, including: More funding for crypto investigations. Expanded blockchain analytics capabilities. A new cyber center focused on nation-state threats. A public-private task force to combat crypto fraud. Authority to freeze, seize, burn and reissue stablecoins under lawful orders. The bill also strengthens bankruptcy protections, ensuring customer digital assets remain customer property if a crypto exchange or custodian fails. The Senate has less than 3 weeks before lawmakers leave Washington for the August recess. If an agreement isn't reached before then, the biggest U.S. crypto market structure bill in years could face another delay.

Whether you like crypto, hate crypto, or don’t care, you should want this bill passed. CLARITY will establish comprehensive federal oversight, rigorous rules, and consumer protections where there otherwise are none. It’s now down to the Senate to help America set the standard.

HUGE: 🇺🇸 Treasury Secretary Scott Bessent says the Senate needs to vote on the Clarity Act NOW. “America will lead or America won't.” https://t.co/5M7ikVlBDv