CLARITY Act Draft Spared Officials’ Adult Children From Crypto Rule
The Senate draft set a $15,000 threshold for officials and spouses, but left a major gap as family fortunes remain tied to crypto businesses.
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The Senate draft set a $15,000 threshold for officials and spouses, but left a major gap as family fortunes remain tied to crypto businesses.
Bank groups are already attacking the stablecoin rewards language as 'unclear and contradictory' while the procedural math requires seven Democrats to clear Tuesday's 60-vote threshold before the…
The shift hands token-issuance enforcement to state regulators, a quiet rewrite that could fragment the federal stablecoin framework before the bill reaches the floor.
The provision bars the president, Congress, and federal officials from issuing crypto while in office, with bipartisan negotiators aiming to lock in updated language within days.