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The first federal restriction on government officeholders sponsoring or issuing cryptocurrency would come from a revised Clarity Act now circulating in the Senate.
The bill explicitly names sitting presidents among the covered class. No prior crypto statute has addressed federal officials at that level.
What the bill covers The revised Clarity Act targets two acts: sponsoring and issuing digital assets. Federal officials fall within scope, with the presidency called out by name.
That this is described as a new version of the Clarity Act means the restriction is a fresh addition to the legislative text, not language carried over from earlier drafts. The presidency receives explicit mention.
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