According to Beincrypto, U.S. Senator Thom Tillis has set a new red line for the 'CLARITY Act', a stablecoin regulation bill. Senator Tillis declared that he would oppose the bill if it does not include ethics regulations targeting the cryptocurrency businesses of President Trump's family. This provision prohibits federal officials, including the president, from issuing or sponsoring digital assets. This directly targets cryptocurrency businesses such as the Trump family's 'World Liberty Financial', which is currently estimated to be worth over $1 billion. As Senator Tillis, who is approaching retirement, joins forces with Democratic negotiators, attention is focused on whether this will disrupt the Republican Party's plan to pass the bill before the midterm elections.
