The unified version of the Clarity Act — which is said by one person to have had more than 70 pages of text added — hasn’t yet solidified a position on the major sticking point: A Democrat-demanded restriction keeping senior government officials (including the president) from maintaining business ties with the crypto sector. Without a compromise on such ethics limits, several lawmakers have said they won’t vote yes on a final bill.

The merged text that may be released next week will not represent a simple combination of the two bills the respective committees voted to approve earlier this year. Both committees’ members negotiated on outstanding issues — the Agriculture Committee more so, given that bill was voted out of committee…