Negotiations between Republicans and Democrats have ended without agreement ahead of the US Senate Banking Committee's CLARITY Act markup (deliberation and vote), Crypto in America host Eleanor Terrett reported via X. She stated, "The Democratic side set the strengthening of conflict of interest and ethics provisions for the presidential family as a condition, and also raised last-minute objections to the Digital Asset Regulatory Clarity Act (BRCA), which expands the scope of immunity for non-custodial software developers. While there was significant progress on ethics-related issues, disagreements regarding BRCA became a stumbling block for the final agreement, and the committee vote is expected to proceed with Republican support alone," she explained. Regarding these negotiations, Senator Cynthia Lummis stated, "99% of the bill has been agreed upon. I hope the remaining 1% will be resolved after it passes the committee. Otherwise, if something similar to the FTX incident happens again, the responsibility will fall on us."
