Deep Tide TechFlow message: On July 24, according to Cointelegraph, Republican senators in the U.S. released draft text of the Digital Asset Market Transparency Act (CLARITY Act) on Wednesday. The draft includes ethical provisions prohibiting all federal officials (including President Donald Trump) from issuing or sponsoring digital assets. Democratic Senator Ruben Gallego strongly criticized it, saying the bill is “not a serious effort,” and said he will work with lawmakers such as Republican Senator Thom Tillis to propose countermeasures. Republican Senator Bernie Moreno, meanwhile, insisted that the draft contains “the strongest ethical language in U.S. history.”

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned