US senator blocks CLARITY Act over ethics dispute

The CLARITY Act has been stalled ahead of a full U.S. Senate vote amid last-minute partisan disputes over its ethics provisions and anti-illicit finance mechanisms, CoinDesk reported. Senator Angela Alsobrooks (D-Md.) officially declared that she will not support the bill on the Senate floor until a complete agreement is reached on its ethical regulations, particularly those addressing potential conflicts of interest from President Donald Trump's cryptocurrency businesses, and other outstanding issues.