BREAKING: 🇺🇸 White House agrees to major crypto ethics rules in a last-minute push to save the CLARITY Act.

Senate Republicans just released a revised 635-page CLARITY Act ahead of Tuesday’s critical vote.

Major changes:

1. The new text includes Trump-backed ethics rules that would bar the president and other federal officials from issuing or sponsoring digital assets.

2. Stablecoin rules now include a "circuit breaker" allowing federal intervention if community banks face widespread deposit flight into stablecoins.

3. BRCA protections were narrowed, removing language that explicitly extended protections to certain criminal cases.

4. New restrictions target conflicts of interest and affiliate trading involving digital commodity exchanges, brokers and dealers.

Senate Republicans says this is their “last, best and final” CLARITY Act offer ahead of Tuesday’s critical cloture vote.