Dozens of Amendments Filed on Clarity Act Ahead of Thursday Senate Vote

According to Decrypt, U.S. senators filed dozens of amendments to the Clarity Act ahead of Thursday's key Senate Banking Committee vote, targeting stablecoin rewards, DeFi regulation, and Trump family crypto ventures.

Proposed amendments from both parties address anti-money laundering rules, sanctions compliance for DeFi platforms, and restrictions on government support for crypto businesses. Sen. Elizabeth Warren introduced language to prevent banking approvals for institutions tied to the president and his family—an apparent reference to World Liberty Financial. Republicans advanced amendments creating a Digital Asset Cyber Innovation Center at the Treasury and permanently banning central bank digital currency issuance. Lawmakers will vote on each amendment's inclusion in the bill before deciding whether to advance the legislation to the Senate floor.