Crypto Bill Won't Move without a Ban on Officials' Industry Ties, Says U.S. Senator Gillibrand

Crypto bill won't move without a ban on officials' industry ties, says U.S. Senator Gillibrand

The Democratic lawmaker has been a negotiator for the Clarity Act, and one of the final sticking points is the crypto constraint on officials, including the president.

Senate Crypto Legislation Hinges on Ethics Rules Targeting Officials' Holdings

Key Takeaways Senator Gillibrand demands ethics language prohibiting senior officials from crypto holdings before CLARITY Act advances Proposed ethics restrictions would apply to Congress members, cabinet officials, president, and vice president Senate floor vote possible before August 10 recess if negotiations conclude within seven days Banking Committee markup hearing remains unscheduled following January postponement Market forecasters estim…

Gillibrand August Vote on Crypto Market Structure Signals Regulation

US Senator Kirsten Gillibrand indicated at the Consensus conference in Miami that the fate of the digital asset market structure bill hinges on lawmakers meeting three practical conditions before the Senate can consider a vote. Speaking on the record, she identified consumer protection, illicit finance controls, and ethics provisions as essential elements that must be addressed prior to any action on the CLARITY Act. She suggested that if Congre…

US Senator Gillibrand says crypto market structure vote could happen by August

Speaking at a Miami crypto conference on Wednesday, US Senator Kirsten Gillibrand said that Congress could advance a digital asset market structure bill by August “if we’re lucky,” but needed to address ethics.

Gillibrand talks crypto law at Consensus Miami

Senator Kirsten Gillibrand took the Consensus Miami 2026 mainstage on Day 2 and expressed optimism about the CLARITY Act’s prospects in Congress, appearing alongside Kevin O’Leary and Coinbase’s Paul Grewal. Senator Kirsten Gillibrand took the mainstage at Consensus Miami 2026…

Debate Shifts From Stablecoin Yields To Ethics Issues In Clarity Act

Senator Kristen Gillibrand argued that the Clarity Act must include ethics, consumer, and illicit finance provisions to gain strong bipartisan support. The Digital Asset Market Clarity Act of 2025 (Clarity Act) has just cleared a major hurdle, with a compromise between banking and crypto groups over stablecoin yields. However, there appear to be more pressing issues that legislators must address in the pending bill: its ethics, consumer protecti…