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🚨 CLARITY Act updates ahead of the Senate vote:
​🔥 US Senate updates 635-page CLARITY Act before critical vote
​Senate Republicans have released a revised 635-page draft of the CLARITY Act ahead of the upcoming Senate cloture vote. Key legislative updates include:
​Executive Ethics Rules: Incorporates White House-supported ethics restrictions prohibiting the President, Vice President, and senior federal officials from directly issuing or sponsoring digital assets while in office.
​Stablecoin Safeguards: Integrates a regulatory "circuit breaker" allowing federal intervention to protect community bank deposits against rapid shifts into stablecoins.
​Legal Protections Adjusted: Refines Blockchain Regulatory Certainty Act (BRCA) language, limiting liability exemptions specifically for developer criminal cases.
​Exchange Oversight: Tightens conflict-of-interest regulations and affiliate trading practices across digital commodity exchanges, brokers, and registered dealers.
​Senate leaders have presented this version as their final offer to clear the 60-vote threshold required for cloture.
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