CLARITY Act Ethics Revisions: Tillis & Gallego Send White House Update

| cointelegraph.com
US senators Thom Tillis and Ruben Gallego have reportedly sent revised ethics guidelines to the White House as part of ongoing CLARITY Act talks. PunchBowl says their counteroffer would change CLARITY Act ethics enforcement: state authorities could enforce a ban on federal officials issuing or sponsoring tokens, instead of relying on the US Attorney General. Gallego said ethics, consumer protection, illicit finance controls, conflict-of-interest rules and market integrity “must be strengthened,” while signaling continued cooperation with Republicans. Cointelegraph contacted both senators’ teams for clarification but received no immediate response. Politically, Senate Democrats remain hesitant. Several have said they will not vote for the CLARITY Act if it appears to protect President Donald Trump’s dominance in the industry. With Republicans holding a 52–47 majority, cross-party support and at least 60 votes may still be required to move the bill, especially with Mitch McConnell absent. For traders, the near-term watch is whether the CLARITY Act ethics revisions reduce opposition and improve passage odds before the August recess. Any shift in CLARITY Act sentiment could quickly alter risk pricing across major tokens by changing expectations for US crypto regulation.
Neutral
This update is a procedural negotiation step rather than confirmed passage. Changing CLARITY Act ethics enforcement to allow state-level action could address some concerns, but the core risk remains: Senate Democrats have signaled they may still oppose the CLARITY Act if they believe it benefits the incumbent administration’s crypto influence. In the short term, traders may see two-way volatility: improved wording can lift sentiment, while unresolved cross-party vote math (potential 60-vote threshold) and Democratic skepticism keep uncertainty elevated. In the long term, if the revised CLARITY Act language converges on acceptable conflict-of-interest and token-sponsorship rules, it can reinforce expectations for a clearer US regulatory framework; if not, postponement could extend the current policy uncertainty premium. Because the market catalyst is not yet a scheduled floor vote or confirmed support, the net likely effect on the traded asset complex is balanced—neutral rather than directional.