@CryptoNobler You're kidding me, this money will never save the markets, I think we'll soon see a much bigger wave of collapse, because the ship is sinking and the government is just watching
BREAKING: 🇺🇸 Senate Republicans just released an updated Clarity Act text after stakeholder briefings this morning.
The ethics package, negotiated with the White House and no Democrat sign-off, bans the President, VP, Members of Congress, federal judges and covered officials (plus spouses) from issuing or sponsoring digital assets for compensation while in office through January 20, 2029.
Covered officials must sell crypto holdings or place them in a blind trust.
DOJ gets civil enforcement power, including the ability to sue exchanges that list prohibited tokens.
BRCA and stablecoin yield sections remain unchanged, protecting non-custodial devs, self-custody rights, and barring interest on idle stablecoin balances.
A new law-enforcement section adds funding, training, a cyber center for nation-state threats, and freeze/seize authority for stablecoin issuers.
Bankruptcy rules keep customer assets out of an exchange’s estate.
Ethics remains the primary open issue as bipartisan talks continue.
@CryptoTice_ I'm sorry to say this, but unfortunately the market won't rise even if the law is passed. If you want to know why, comment on this tweet. 😒
@RippleXrpie Can you answer this question? Why don't we hang out with the congress or the senate when we are waging war on Iran, but we have to hang out for the clarity act ?