The White House has reached a deal to include stricter ethics rules in the Clarity Act, a bill aimed at regulating cryptocurrency, ahead of its Senate vote. The new language would prohibit public officials from endorsing or issuing digital assets, marking a significant step toward preventing conflicts of interest in the growing sector. Enforcement of these restrictions could fall to state attorneys general and the Department of Justice, broadening oversight of potential misconduct. The move reflects mounting concerns over the intersection of government influence and cryptocurrency markets.
The White House has agreed to new ethics language in the Clarity Act ahead of a key vote on the cryptocurrency regulation bill in the Senate on Tuesday. The provision, which bars public officials from issuing or sponsoring digital assets, could be enforced by both state attorneys general and the Department of Justice (DOJ) under...
