Republicans release final Clarity bill text ahead of Tuesday vote
- —New ban on owning more than $15,000 in shares of companies that earn from tokens
- —Restrictions apply to elected officials and their spouses, but not their children
- —Penalties raised from 10% to a minimum of 20%, adjusted for inflation
- —State attorneys general gain the right to file lawsuits
Why it matters: The bill will shape US crypto market regulation; the outcome of Tuesday's vote will decide its fate.
Source: BeInCrypto AR