Senate Republicans released an updated version of the Digital Asset Market CLARITY Act on Wednesday following briefing calls with stakeholders. The update adds a package of ethics restrictions targeting digital asset activities by public officials and their spouses.

Senate Republicans add crypto ethics framework to CLARITY Act

The revised legislation comes after negotiations between the White House and Republican senators Cynthia Lummis and Bernie Moreno. However, the new provisions were not supported by Senate Democrats, creating another potential hurdle as lawmakers work to advance the broader crypto market structure bill.

The updated bill contains a dedicated ethics division focused on digital assets. The bill would impose new…