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News 2026 July 22, 18:00 (3 hours ago )

6h Crypto Recap: CLARITY Act, SEC, XRP, Bitcoin — rules reshape hype

Senate Republicans released a revised #CLARITY_Act draft that adds an ethics provision tied to senior federal officials and crypto-related ventures.

The updated #CLARITY_Act language would bar presidents and spouses from launching crypto tokens for compensation for a set period, putting political crypto projects under a spotlight ⚖️.

SEC Commissioner #Hester_Peirce said “crypto vaults” and onchain lending can fall under securities laws depending on how they are structured.

Policy debate around the #CLARITY_Act intensified as lawmakers faced pressure over how strict the ethics and conflict-of-interest rules should be.