US senators revise CLARITY Act ethics rules
- US senators agreed on revised ethics rules for the CLARITY Act after rejecting an earlier White House proposal.
- The changes could improve the bill's chances of gaining bipartisan support in the Senate.
- Lawmakers are still negotiating before a possible Senate vote ahead of the August recess.
US senators agreed on revised ethics language for the Digital Asset Market CLARITY Act after rejecting an earlier White House-backed proposal aimed at limiting conflicts of interest.
The ethics rules have been one of the biggest obstacles to passing the bill, with several Democrats saying earlier proposals did not go far enough.
The revised language was drafted by senators from both parties as negotiations continued over the bill.
The CLARITY Act would create a regulatory framework for digital assets, while the ethics section focuses on limiting financial conflicts involving senior government officials.
Lawmakers are continuing negotiations before a possible Senate vote, although the bill still needs bipartisan support to advance.
The House of Representatives passed its version of the CLARITY Act in 2025, but the Senate has spent months negotiating changes covering ethics, consumer protection and anti-money laundering rules.
The CLARITY Act is widely viewed as one of the most significant US crypto bills because it would define how digital assets are regulated by federal agencies if it becomes law.
