Tillis and Gallego Send Revised CLARITY Act Guidelines to White House

Senators Thom Tillis and Ruben Gallego have submitted revised ethics guidelines for the Digital Asset Market Clarity Act (CLARITY Act) to the White House in an attempt to break a stalemate over the bill.

The proposed changes shift enforcement of bans on federal officials issuing or sponsoring digital tokens from the US Attorney General to state authorities, aiming to address concerns that the current version could expand President Trump's influence over the crypto industry.

The revised package also includes stronger consumer protection and market integrity provisions, but details are scarce as neither senator's team has provided further information on the specifics of the changes.