📌 CLARITY Act negotiations just hit another political hurdle. Senate Democrats are reportedly rejecting the White House's proposal to let the Department of Justice (DOJ) exclusively enforce the bill's ethics provisions. Instead, they continue to push for state attorneys general to retain independent enforcement authority. Why it matters: The dispute is no longer about whether ethics rules should exist—it's about who enforces them. Democrats argue that relying solely on the DOJ could weaken independent oversight, particularly given concerns surrounding potential conflicts of interest involving senior federal officials. Market impact: The enforcement mechanism has become one of the final obstacles to securing the 60 Senate votes needed for the CLARITY Act. Until both sides reach a compromise, uncertainty around the U.S. crypto market structure framework is likely to persist.