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The United States Senator is informed that a new proposal is being prepared to enhance Trump's concessions on the terms of Clarity Act's encrypted currency regulation

On 30 July, informed sources involved in the work revealed that the legislative wording drafted by United States Senators Thom Tillis and Ruben Gallego would be acceptable and might determine the future of an encrypted money market structure bill. At present, the two senators have completed preliminary amendments to the provisions of the bill that limit the direct interest of government officials in the encryption money project. It is not clear who has seen the latest version, which was negotiated by the two-party senators. Both have been trying to negotiate a compromise that is ultimately acceptable. However, the Digital Asset Market Clarity Act still needs to be approved by the White House and supported by a large number of Democrats before it is put to the United States Senate for vote. This ethical provision is specifically aimed at the United States President Donald Trump's encrypted currency business empire and is aimed at prohibiting the direct interest of senior government officials in the encrypted currency industry. Trump recently agreed to accept a limited version of the concept, which surprised some of the encryption industry. According to the White House, this is an unprecedented and direct ethical constraint on the President himself. However, Democrat opponents argue that the article is designed in such a way that Trump can satisfy the requirements with little, if any, action; moreover, since the Ministry of Justice is led by its appointed loyalists, he does not have to fear that the relevant provisions will be truly implemented. Republican Senator Tillis and Democratic Senator Gallego subsequently agreed to continue to bridge their differences. According to informed sources, the two parliamentarians had reached a new consensus on some of the issues, but no specific details had been revealed. Encryption lobbyists are closely following the outcome of the negotiations, as little remains before the Senate enters the August recess. In their view, the completion of negotiations on the Government ' s conflict-of-interest clause is expected to provide impetus for the advancement of the rest of the bill. To date, neither the Office of the Senator nor the White House spokesman has responded immediately to any request for comment on the progress of the negotiations on ethical provisions。

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