New draft of Digital Asset Market Clarity Act adds ethics provision
The Senate has released a new draft of the Digital Asset Market Clarity Act, which merges two previous versions.
The new draft includes an ethics provision that would bar senior government officials from sponsoring or issuing their own cryptocurrencies.
The bill’s passage is still uncertain, with Democrats seeking a more binding ethics provision.
The window for passage is tightening, with only two weeks left for clarity on the bill’s fate.