Woofun AI reports that Republican senators introduced a revised CLARITY Act following negotiations with the White House, excluding Democratic support. The legislation bans the President, Vice President, Congress members, federal judges, and their spouses from receiving compensation through digital asset issuance or sponsorship during their tenure, with provisions expiring on January 20, 2029. Restricted officials must divest crypto holdings or place them in blind trusts, while sales exceeding $1,000 require disclosure.

The U.S. Department of Justice gains civil enforcement authority to prosecute willful violators and target exchanges hosting banned tokens, though Democrats oppose exclusive federal enforcement. The bill retains protections for non-custodial software developers and blockchain infrastructure providers, ensuring they are not classified as money transmitters. Stablecoin yield rules remain unchanged, prohibiting interest on idle balances but permitting rewards tied to active trading or staking.