Trump accepts 80% of CLARITY bill's anti-corruption provisions
- —Trump agreed to ~80% of the bipartisan conflict-of-interest proposal
- —Large stakes in crypto companies would be sold or placed in a blind trust without the owner's involvement
- —State attorneys general would be able to sue exchanges for listing banned assets
- —A Senate procedural vote is set for September 15 and requires 60 votes
Why it matters: Trump's concession could attract Democratic votes and speed up passage of a law defining the powers of the SEC and CFTC.
Source: CoinDesk Japan
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