Republican lawmakers circulated a new version of the Clarity Act on Thursday (Sept. 10), ahead of the Senate’s return from its recess next week, CoinDesk reported Thursday.
The new text of the crypto bill includes tweaks to how it would address the crypto activities of decentralized finance firms and traditional finance firms, but it largely resembles earlier versions of the bill, according to the report.
Key Democratic senators have said they won’t support the bill if it doesn’t include an ethics agreement restricting President Donald Trump and other senior government officials from profiting from crypto businesses, per the report.
A cloture vote scheduled for Tuesday (Sept. 15) will succeed only with the support of 60…
