Senate Republicans unveil revised Clarity Act with Trump-backed ethics proposal

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AI Fusion Summary

Senate Republicans have unveiled a revised Clarity Act featuring an ethics proposal backed by Trump. As a key concession, Trump has agreed to allow state AGs to enforce the ethics rules within the crypto bill. This legislative progress indicates potential shifts in crypto regulation and may reshape the regulatory landscape for digital assets. These developments are expected to impact market dynamics and influence ongoing bipartisan legislative efforts regarding the accountability of the digital asset sector.
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