Dozens of last-minute amendments to the Clarity Act include stablecoin rules, DeFi oversight, and restrictions on Trump family crypto deals.
Senators filed dozens of amendments to the Clarity Act before Thursday’s vote, covering stablecoin rewards, DeFi regulation, and anti-money laundering measures. The bill aims to legalize most U.S. crypto activity but faces last-minute changes.
Proposals include limits on Trump family crypto ventures and broader topics like housing policy and credit card fees. One amendment, led by Sen. Jack Reed, focuses on stablecoin yield rules requested by banking groups.
The Senate Banking Committee will vote on each amendment before deciding whether to advance the bill to the full Senate.