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Democrats Reject CLARITY Act Draft as Crypto Ethics Dispute Intensifies

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2 outlets - including Cryptopotato and Bitcoin - are covering this story. The lawmakers objected to giving the DOJ sole enforcement power, arguing state attorney generals should also play a role.

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Democrats Reject Latest CLARITY Act Draft Over Ethics, Illicit Finance Concerns
CryptoPotato Jul 23, 11:11 UTC

Democrats Reject Latest CLARITY Act Draft Over Ethics, Illicit Finance Concerns

The lawmakers objected to giving the DOJ sole enforcement power, arguing state attorney generals should also play a role.

Democrats Reject CLARITY Act Draft as Crypto Ethics Dispute Intensifies
Bitcoin.com News Jul 23, 00:17 UTC

Democrats Reject CLARITY Act Draft as Crypto Ethics Dispute Intensifies

Seven Senate Democrats rejected the latest CLARITY Act draft, saying it does not go far enough on ethics, consumer protection, and illicit finance, while Republicans argue the bill contains the strongest federal ethics rules ever proposed f…