Senate Negotiators Fold Ethics Rules Into Merged CLARITY Act Draft
Negotiators have merged drafts of the CLARITY Act, incorporating an ethics provision for federal officials, though enforcement mechanisms remain a point of contention. This legislation is crucial for defining the regulatory treatment of tokens and NFTs in play-to-earn crypto gaming models. The bill's passage hinges on resolving disputes over enforcement, with a motion to proceed expected soon.
- Entities
- Topic: Cryptocurrency Regulation
- Topic: Play-to-Earn
- Person: Angela Alsobrooks
- Topic: Digital Assets
- Company: SEC
- Topic: NFTs
- Company: United States Department of Justice
- Person: Cynthia Lummis
- Company: CFTC
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