Senate Republicans Release CLARITY Act Text, Barring US Federal Officials From Issuing ...

Senate Republicans released the CLARITY Act text, which bars US federal officials—including the president—from issuing or sponsoring digital assets until 2029, with ethics provisions expiring and enforcement via the Justice Department. The temporary ban applies to Trump's crypto ventures during his term, though children of officials are excluded and blind-trust safe-harbour procedures are included.

This Wire brief sits within Fusion42's coverage of Fintech. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.