President Donald Trump agreed to expanded conflict-of-interest rules and state-level enforcement powers to secure key Senate votes for the Clarity Act.
- President Donald Trump agreed to about 80% of a stricter ethics package tied to the Clarity Act ahead of Tuesday’s Senate cloture vote, AP reported.
- The agreement would require elected officials, their spouses and federal judges to divest significant interests in crypto issuers or place them in blind trusts.
- State attorneys general would be empowered to enforce the law and sue exchanges that list digital assets prohibited under the bill.
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The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters :
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Bank group sues U.S. regulator over granting crypto trust charters
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