US President Donald Trump has reportedly agreed to provisions giving state attorneys general a role in enforcing Congress’s cryptocurrency bill, the CLARITY Act, according to three of the bill’s Republican authors.
According to the Associated Press, the agreement came ahead of a key Senate vote on the bill Tuesday, with Democratic support needed for the measure to advance.
The CLARITY Act initially included a ban on federally elected officials, their spouses and federal judges issuing digital assets, but Democrats and Senator Thom Tillis, a Republican, argued that more safeguards were needed because of potential conflicts of interest involving Trump’s cryptocurrency interests.
