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U.S. Senators Release New Draft of the Clarity Act, Adding Ethics Provisions for Senior Officials' Cryptocurrency for the First Time

2026-07-26 18:32
Odaily Planet Daily News: U.S. Senators have released a new draft of the Digital Asset Market Clarity Act (Clarity Act), merging two previously advanced versions from the Senate Banking Committee and the Agriculture Committee, and including ethics-related provisions for the first time.

The ethics provisions in the new draft aim to prohibit senior government officials from sponsoring or issuing their personal cryptocurrencies. The bill has yet to be finalized, and whether the key provisions will receive bipartisan support remains uncertain.