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Democrats push back on GOP crypto bill over ethics concerns

Reported · Written up by our desk · Regulation

The Block reports that a draft GOP crypto bill, the latest version of the Clarity Act, is drawing bipartisan attention, including praise from parts of the crypto industry and criticism tied to ethics concerns from Democrats.

The reporting highlights that Democrats are also facing pushback from other stakeholders, including bankers, underscoring a widening divide over how the bill should address crypto-related rules.

Industry support and Democratic resistance point to continued uncertainty around the bill’s prospects as lawmakers debate the ethics framework alongside the broader regulatory approach.

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