Key Takeaways Seven Senate Democrats said the latest CLARITY Act draft needs stronger ethics and consumer protections. The revised bill would ban federal officials from issuing or sponsoring digital assets for compensation. Republicans defended the proposal, while White House adviser Patrick Witt challenged Democrats’ criticisms. Democrats Say Draft Still Falls Short A bipartisan agreement on crypto market structure remained out of reach July 22 after seven Democratic senators objected to the latest version of the Digital Asset Market Clarity Act. Senators Catherine Cortez Masto (D-NV), Angela Alsobrooks (D-MD), Cory Booker (D-NJ), Ruben Gallego (D-AZ), John Hickenlooper (D-CO), Mark Warner (D-VA) …