CLARITY Act Stalls as Lawmakers Remain Divided on Stablecoin Rewards and Conflict of Interest

U.S. Senator Tim Scott has revealed that significant disagreements remain among lawmakers over the CLARITY Act, a proposed federal framework for digital assets.

The main sticking points are concerns over potential conflicts of interest stemming from President Donald Trump's personal crypto ventures and the contentious issue of stablecoin rewards.

Scott indicated that resolving the stablecoin rewards question will require another round of intense coordination, signaling that the path to final legislation remains uncertain.