Source: The Wall Street Journal WASHINGTON—A group of bipartisan senators submitted a new proposal to the White House today, aiming to establish clear regulatory guidelines for the cryptocurrency industry. The proposal, titled the CLARITY Act, seeks to address key ethical concerns and ensure consumer protection in this rapidly evolving sector. According to sources familiar with the matter, the senators emphasized the importance of fostering innovation while also mitigating ris
July 31st, sources revealed that US Republican Senator Thom Tillis and Democratic Senator Ruben Gallego have submitted a new ethics compromise to the White House to advance the passage of the CLARITY Act. The details of the compromise have not been made public, and the White House has not responded. (The Block)