Foresight News
Foresight News|Jul 23, 2026 00:33
[U.S. Senate Releases Latest Text of the 'CLARITY Act,' Incorporating Developer Protections and Digital Asset Ethics Provisions] Foresight News reports, according to The Block, that U.S. Senate Republicans have released the latest text of the 'CLARITY Act,' integrating previous versions from the Agriculture Committee and the Banking Committee, with plans to submit it for a full Senate vote as early as next week. The updated bill introduces new digital asset ethics provisions, prohibiting public officials and their spouses from issuing or sponsoring digital assets, while still allowing them to invest in related assets. This provision will expire at noon on January 20, 2029. The bill also incorporates the 'Blockchain Regulatory Certainty Act,' providing a legal safe harbor for non-custodial software developers, clarifying that they are not considered money transmission entities.
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