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Ethics provisions outlined in revised Clarity Act agreed by Republicans and White House

July 22, 2026, 4:31 PM
The ethics provisions in the revised Clarity Act, a U.S. cryptocurrency regulatory bill agreed by Republicans and the White House, are as follows: - The president, vice president, members of Congress, federal judges and other public officials, including their spouses, would be barred through Jan. 20, 2029, from receiving compensation to issue or sponsor digital assets while in office. - Public officials would be required to sell their cryptocurrency holdings and equity stakes in crypto companies, place them in a blind trust they do not control, or take both steps. - The measure would grant the U.S. Department of Justice civil enforcement authority over ethics-rule violations. That would include the authority to sue exchanges that intentionally list prohibited tokens. - It would require disclosure of crypto sales by public officials exceeding $1,000 and direct the U.S. Government Accountability Office to conduct a study reviewing additional loopholes in the ethics rules.

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