CLARITY Act Ethics Provision Revised as Crypto Legislation Advances
A revised draft of the CLARITY Act includes a forced divestiture requirement and grants state attorneys general the power to sue to enforce its ethics provision. The development marks a concrete step forward in the ongoing effort to pass comprehensive crypto market structure legislation in the United States. The provision signals that legislators are actively negotiating the terms of the bill ahead of a potential vote.
A revised version of the CLARITY Act has emerged with a notable ethics provision that would require certain individuals to divest holdings and would empower state attorneys general to bring enforcement actions. The change reflects ongoing negotiations between lawmakers over the scope and enforceability of the bill.
The ethics component has been identified as a key sticking point in the legislative process, and its revision suggests that deal-making is actively underway. Granting state attorneys general standing to sue adds a layer of enforcement that goes beyond federal oversight alone.
- The revised draft includes a divestiture requirement for covered individuals.
- State attorneys general would gain the ability to sue to enforce the ethics provision.
- The development indicates the bill is in active negotiation rather than stalled.
The CLARITY Act, if passed, would represent one of the most significant pieces of crypto market structure legislation in the United States, with direct implications for how digital assets including XRP are classified and regulated. Progress on the bill is being closely watched across the XRP ecosystem.
Key facts
- •Revised CLARITY Act draft includes an ethics provision requiring divestiture
- •State attorneys general would be empowered to sue to enforce the ethics provision
- •The revision indicates active legislative negotiation is underway
- •Passage of CLARITY Act would have direct implications for XRP regulatory classification