White House Blocks CLARITY Act Provision
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•Business
Business & Economics
White House rejects conflict of interest provision in CLARITY Act

64% Informative
The White House has reportedly rejected a provision in the CLARITY Act that will address Donald Trump ’s ties to the crypto industry.
The provision is designed to address senior political figures involvement in crypto including the president, vice president and congress members.
This comes just days after the crypto bill passed the Committee markup phase.
Republicans are looking for a way to appease Democrats and gain bipartisan support for the bill.
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