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Story: CLARITY Act Bans US Officials From Launching Tokens Until 2029

By Sydney TheCMO

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What the CLARITY Act Actually Does. The CLARITY Act is bigger than just the ethics rules.

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Trump's Crypto Ties Put Ethics Rules in Focus. It's hard to separate the ethics language from the Trump context.

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US officials can't issue or sponsor crypto tokens until 2029. That's the core of new ethics rules tucked inside the CLARITY Act, a sweeping legislative push to build a real…

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The ban is blunt. Any government official — including former presidents — is barred from launching, sponsoring, or otherwise promoting cryptocurrency tokens for the duration of…

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Lummis, one of Congress's most vocal crypto advocates, wants clear lines between personal financial interests and public duties.

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The CLARITY Act is bigger than just the ethics rules. The whole point is to give the US cryptocurrency market a coherent regulatory structure — something the industry has been…

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The ethics provisions are one piece of that. By stopping officials from issuing tokens, lawmakers want to make sure the people writing and enforcing the rules aren't also…

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Not everyone loves it. Critics argue the restrictions could push out exactly the kind of people who actually understand how crypto works — former officials who've dealt with…

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See also: Trump Backs CLARITY Act Ethics Clause, Pushing Crypto Bill Toward Senate Floor

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It's hard to separate the ethics language from the Trump context. He's probably the most prominent former president with active crypto-related ventures, and the bill's provisions…

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The private crypto ventures of US presidents fall under the proposed restrictions. Any involvement in token issuance or sponsorship — regardless of how it's structured — would be…

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The bill still has to get through Congress. Deliberations are ongoing, no final vote has been scheduled, and the source didn't specify a timeline for committee action.

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If the CLARITY Act passes as written, the US would have some of the toughest ethics rules around crypto globally.

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Read also: Gillibrand Faces Progressive Heat Over Family Crypto Ties and CLARITY Act Ethics Gap

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The industry is watching closely. Any revision to the ethics provisions — loosening the ban, narrowing who it covers, or shortening the restriction period — would signal…

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