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clarity act
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Regulation · Event
US crypto market-structure bill moves toward the Senate floor with ethics terms contested
The Banking Committee advanced the CLARITY Act 15-9 in May. A merged Banking-Agriculture text arrived on July 22, but lawmakers still disagree over stablecoin rewards, anti-money-laundering safeguards and restrictions on public officials' crypto businesses.
2 min readRegulation · NewsSenate CLARITY draft adds ethics language after a 15-9 committee vote
The July 22 draft combines Senate Banking and Agriculture Committee work and includes a section on public-official ethics. Sponsors say negotiations are continuing; committee minority staff says the restrictions and enforcement mechanism remain too narrow.
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