White House agrees to new ethics language in crypto bill
Summary
The White House has accepted new rules about ethics in a cryptocurrency law called the Clarity Act. These rules would stop public officials from creating or promoting digital money and can be enforced by government lawyers and the Justice Department.Key Facts
- The White House approved new ethics language in the Clarity Act bill.
- The Clarity Act focuses on cryptocurrency regulation.
- The new rules prevent public officials from issuing or supporting digital assets.
- Enforcement could be done by state attorneys general.
- The Department of Justice (DOJ) may also enforce these rules.
- A key vote on the bill will take place in the Senate on Tuesday.
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