Here is the revised Clarity Act ethics provision Donald Trump has agreed to
The Digital Asset Market Clarity Act has been revised to include stricter ethics provisions, requiring senior government officials to divest crypto interests or place them in blind trusts. The bill now faces a critical cloture vote in the U.S. Senate to determine its legislative future.
Why it matters
This legislation represents a significant step toward regulating digital assets and addressing potential conflicts of interest among U.S. government officials regarding cryptocurrency holdings.
The new draft of the Clarity Act, released publicly early Monday, contains the latest — and possibly final — language ahead of a key vote on Tuesday. This language includes forcing divestiture of crypto interests and allowing state attorneys general to bring lawsuits to enforce the ethics provision. The text is different from the last version of the bill released last Thursday.
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