Senate Republicans on Wednesday circulated new text of a landmark cryptocurrency bill, unveiling changes to the so-called Clarity Act ahead of a potential floor vote next week.
The new language, which needs bipartisan support to pass the Senate, does not currently have sign-off from any Democrats. The bill would overhaul a wide range of federal financial regulations to incorporate crypto trading.
The 616-page draft includes a White House-approved ethics provision that would put in place new rules related to how federal officials can engage with digital assets. Democrats have long demanded that the crypto bill include an ethics provision to…
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