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U.S. Senate CLARITY Act stalls ahead of floor vote as ethics conflict-of-interest issue emerges

The U.S. Senate’s CLARITY Act has cleared a Senate committee, but an ethics provision aimed at preventing conflicts of interest among public officials has emerged as the main sticking point ahead of a floor vote. A compromise has been reached on stablecoin interest rules, but concerns remain over private gains tied to politically connected crypto businesses. Analysts cited in the report said 60 votes are needed to overcome a filibuster, making additional Democratic support critical.