Senate Proposes Revised CLARITY Act Ethics Language for State Enforcement

Senate negotiators have proposed revised ethics language for the CLARITY Act that would allow state authorities to enforce restrictions on federal officials' crypto activities.

The revision, submitted by Republican Sen. Thom Tillis and Democratic Sen. Ruben Gallego, would amend enforcement of the ethics provisions in the bill.

This change addresses a central dispute in Senate talks over the CLARITY Act, with Democrats questioning whether the Justice Department could provide independent oversight.