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Fortune
Fortune
Camila Grigera Naón

Clarity Act odds soar as Trump approves new ethics provisions for closely-watched crypto bill

Sen. Cynthia Lummis (Credit: KEVIN DIETSCH—GETTY IMAGES)

The Clarity Act is back on the table. On Sunday night, Senate Republicans released a revised version of the bill that includes more than 120 changes, including provisions aimed at addressing long-standing ethics concerns. If enacted, the legislation would establish a framework for bringing more crypto assets into the realm of mainstream finance.

The text arrived less than 48 hours before the Senate’s pivotal procedural vote on whether to advance the bill. Republicans need 60 votes, requiring support from at least seven Democrats. With limited time before the midterm elections, lawmakers have a narrowing window to bring it to a vote.

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