$BTC
New CLARITY Act ethics provisions backed by President Trump:
1. Covered federal officials must divest significant digital-asset holdings or place them in a qualified blind trust.
2. State attorneys general can enforce bans on officials issuing, sponsoring or holding significant interests in digital assets.
3. Exchanges cannot list digital assets issued or sponsored in violation of these rules.
4. Violations carry penalties of 20% of the transaction value or $500,000, whichever is greater.
The rules take effect no later than 360 days after enactment.
#USGovernment #CryptoNews🔒📰🚫
New CLARITY Act ethics provisions backed by President Trump:
1. Covered federal officials must divest significant digital-asset holdings or place them in a qualified blind trust.
2. State attorneys general can enforce bans on officials issuing, sponsoring or holding significant interests in digital assets.
3. Exchanges cannot list digital assets issued or sponsored in violation of these rules.
4. Violations carry penalties of 20% of the transaction value or $500,000, whichever is greater.
The rules take effect no later than 360 days after enactment.
#USGovernment #CryptoNews🔒📰🚫
