Senator Tillis Draws New Red Line on the CLARITY Act
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)