🚨 CLARITY Act Gets a Major Last-Minute Boost
President Trump has reportedly agreed to around 80% of a bipartisan crypto ethics proposal, removing one of the biggest political obstacles facing the CLARITY Act.
🔥 Key changes include:
✅ A meaningful enforcement role for state attorneys general
✅ Divestment or blind-trust requirements for significant crypto-related financial interests
✅ Stronger conflict-of-interest rules for public officials
Why does this matter?
The CLARITY Act needs 60 Senate votes to advance, meaning bipartisan support is essential.
📅 The critical Senate procedural vote is scheduled for September 15.
If passed, the legislation could provide clearer rules for:
🏛️ SEC vs. CFTC jurisdiction
🪙 Digital asset classification
📊 Crypto exchanges and market structure
🔗 DeFi regulation
⚠️ Important: The bill has not passed yet. But this compromise significantly improves its chances of moving forward.
#CLARITYAct #Crypto #Bitcoin #XRP #SEC #CFTC
President Trump has reportedly agreed to around 80% of a bipartisan crypto ethics proposal, removing one of the biggest political obstacles facing the CLARITY Act.
🔥 Key changes include:
✅ A meaningful enforcement role for state attorneys general
✅ Divestment or blind-trust requirements for significant crypto-related financial interests
✅ Stronger conflict-of-interest rules for public officials
Why does this matter?
The CLARITY Act needs 60 Senate votes to advance, meaning bipartisan support is essential.
📅 The critical Senate procedural vote is scheduled for September 15.
If passed, the legislation could provide clearer rules for:
🏛️ SEC vs. CFTC jurisdiction
🪙 Digital asset classification
📊 Crypto exchanges and market structure
🔗 DeFi regulation
⚠️ Important: The bill has not passed yet. But this compromise significantly improves its chances of moving forward.
#CLARITYAct #Crypto #Bitcoin #XRP #SEC #CFTC
