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Senator Tillis Draws New Red Line on the CLARITY Act

BeInCrypto
Senator Thom Tillis has vowed to oppose the CLARITY Act unless it includes ethics provisions targeting the Trump family's cryptocurrency businesses.

Summary

Senator Thom Tillis, a Republican member of the Senate Banking Committee, has declared that he will vote against the CLARITY Act unless the legislation includes specific ethics language. Tillis is demanding a provision that would prohibit federal officials, including the president, from sponsoring or issuing digital assets. This move targets the Trump family's crypto ventures, which are currently valued at over $1 billion and include projects like World Liberty Financial.

(Source:BeInCrypto)