UNITED STATES SENATOR: THE BIPARTISAN AGREEMENT ON THE CLARITY BILL WILL CONTINUE IN THE COMING DAYS TO MAKE IT LAW

On 23 July, United States Senator Cynthia Lummis sent a letter expressing his appreciation to his Democratic colleagues for their important contribution to the new version of the CLARITY draft bill and their commitment to continue to push for agreement in the coming days so that it could eventually become law. Consumer protection was not incompatible with support for innovation, and the draft bill demonstrated that both could be achieved simultaneously. Previously, it was reported that the Republicans of the United States Senate had released a new version of the CLARITY Act following a teleconference with industry-related parties. The new version proposes to prohibit officials such as the President, the Vice-President, members of Parliament, federal judges and their spouses from receiving remuneration through the issuance or sponsorship of digital assets during their term of office, and the relevant provisions remain in force until 20 January 2029. A bound official is also required to sell an encrypted asset and an investment in an encrypted enterprise or place it in a blind trust beyond his control; the sale of an encrypted asset in excess of $1,000 is subject to disclosure。