Wu Blockchain has learned from crypto journalist Eleanor Terrett that the U.S. Senate Republicans have released the updated text of the Clarity Act after negotiations during the August recess. The ethics provisions, BRCA, and stablecoin yield-related clauses remain unchanged. Key adjustments include: requiring non-decentralized DeFi protocols to register with the CFTC, aligning with Section 10301 of the Senate Banking Committee version; limiting the scope of DeFi provisions to digital commodity spot or cash transactions, aiming to address tribal concerns about blockchain prediction markets; and further clarifying the authority of credit unions to conduct crypto-related business. https://(wublock123.com)/news/senate-gop-clarity-act-decentralized-defi-must-register-with-cftc-68202