SENATE REPUBLICANS RELEASE 'FINAL' CLARITY ACT DRAFT

Summary from the TLDR Crypto newsletter

Sens. Lummis, Boozman, and Scott released the Digital Asset Market Clarity Act's final text late Sunday, incorporating 126 Democrat-requested changes. Trump agreed to most of the Tillis-Gallego ethics proposal, giving state attorneys general enforcement power over conflict-of-interest rules for officials, Congress members, and spouses (not extended family). The draft also gives Treasury authority to impose an 18-month stablecoin circuit-breaker protecting community banks from deposit outflows. Polymarket odds of passage this year rose from 22% to 32% after the release.