Wu Says he learned that crypto journalist Eleanor Terrett said that the U.S. Congress is holding bipartisan consultations on the ethical provisions of the CLARITY Act, and DeFi-related regulations are also being discussed. However, the issue of conflicts of interest involving government officials participating in the crypto industry remains the main obstacle. A spokesperson for Senator Cynthia Lummis said that last week’s discussions with the White House went smoothly, and the relevant ethics text is expected to be released in the coming days.

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NFTMinimalist
· 6h ago
This progress looks promising, but conflicts of interest are the real key!
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LightningSender
· 7h ago
It’s good that discussions between Lummis and the White House can move forward, but without DeFi rules being clearly defined first, the ethical provisions may just be window dressing.
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RSI_Detective
· 7h ago
Conflicts of interest have long been a regulatory challenge. When officials themselves hold crypto assets but fail to disclose or report them, how can you make the market believe it? If CLARITY can address this pain point, then it truly earns its claim to restore credibility to the industry. Hopefully the following text will provide specific disclosure and recusal mechanisms—no more empty formalities.
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