FOR THE FIRST TIME, THE CLARITY ACT INTRODUCED A CLAUSE RESTRICTING THE PRESIDENT AND OFFICIALS FROM PROFITING FROM ENCRYPTED ASSETS

ON 23 JULY, THE UNITED STATES SENATE WAS CONSIDERING A NEW VERSION OF THE CLARITY BILL TO PROHIBIT THE PRESIDENT AND OTHER FEDERAL OFFICIALS FROM ISSUING OR SPONSORING ENCRYPTED CURRENCY AND OTHER DIGITAL ASSETS. MEMBERS OF THE REPUBLICAN PARLIAMENT UPDATED THE TEXT ON WEDNESDAY. FOR THE FIRST TIME, PROVISIONS RESTRICTING THE PRESIDENT ' S PROFITS FROM ENCRYPTED ASSETS WERE ADDED, AND THE RELEVANT PROVISIONS WOULD APPLY TO THE PRESIDENT AND OTHER FEDERAL OFFICIALS. THE CLARITY BILL, WHICH IS INTENDED TO BE THE FIRST IMPORTANT UNITED STATES LEGISLATION TO COMPREHENSIVELY REGULATE THE DIGITAL ASSET MARKET, IS STILL UNDER CONSIDERATION IN THE SENATE。