Svmuu News: U.S. Senator Cynthia Lummis issued a statement thanking her Democratic colleagues for their important contributions to the revised draft of the CLARITY Act and pledged to continue working toward an agreement in the coming days so that the bill can ultimately become law. Consumer protection and support for innovation are not mutually exclusive; this draft bill demonstrates that both can be achieved simultaneously. Previously, Senate Republicans released the updated version of the CLARITY Act following a briefing call with industry stakeholders. The revised text proposes to prohibit officials—including the President, Vice President, members of Congress, and federal judges—and their spouses from receiving compensation through the issuance or sponsorship of digital assets while in office; the relevant provisions will remain in effect until January 20, 2029. Affected officials would also be required to sell their crypto assets and investments in crypto companies, or place them in a blind trust over which they have no control; the sale of crypto assets valued at more than $1,000 must be disclosed.