US Senate bill proposes ban on president and federal officials issuing crypto assets
A new bill in the US Senate includes a clause that would prohibit the president and other federal officials from issuing or promoting cryptocurrencies, aiming to prevent conflicts of interest.
Details
A new bill in the US Senate, the CLARITY Act, includes a clause that would prohibit the president and other federal officials from issuing or promoting cryptocurrencies and other digital assets. The provision aims to prevent conflicts of interest, according to a CNBC report. Republican senators updated the bill text on Wednesday, marking the first time such restrictions on federal officials profiting from crypto assets have been included in the legislation. The CLARITY Act is considered the first comprehensive bill to regulate the digital asset market in the US. Details on the implementation and scope of the clause have not yet been released.
0000
Free trader toolsTrade with data, not guesses
CrypSpy is a free platform for crypto market analysis: signal levels, liquidation maps, volume clusters, a live market radar and trader forecasts. Open the chart and see the market the way professional traders do.
0
0
0
0