Woofun AI reports that U.S. Senate Republicans have released an updated version of the CLARITY Act, merging drafts from the Agriculture and Banking Committees with plans for a full Senate vote as early as next week. The legislation introduces ethical constraints for public officials and their spouses, prohibiting them from issuing or sponsoring digital assets while permitting investments, with these provisions expiring at noon on January 20, 2029.

The bill also integrates the Blockchain Regulatory Certainty Act, which clarifies that non-custodial software developers are not classified as money transfer institutions, thereby providing them with specific legal protections.