US Senate Republicans released a new version of the CLEAR Act, adjusting crypto ethics, stablecoin yields, and BRCA provisions.

TechFlow reports on September 14 that, according to journalist Eleanor Terrett, US Senate Republicans have released a new version of the Clarity Act, which includes a revised ethics proposal approved by Trump and adjustments to provisions regarding the Blockchain Regulatory Certainty Act (BRCA), stablecoin yields, and agricultural committee-related clauses.

Republicans stated that this text represents the "last, best, and final" offer presented to Democrats before the conclusion of debate and voting on Tuesday. The new version narrows the scope of BRCA protections to the Bank Secrecy Act and civil enforcement, removing language that would have extended protections to criminal cases.

Regarding ethical provisions, Trump reportedly agreed to approximately 80 percent of the Tillis-Gallego proposal, which includes requiring the divestment of "material" crypto-related financial interests or placing them in a blind trust, as well as allowing state attorneys general to participate in enforcing ethical regulations.

On the topic of stablecoin yields, the text introduces a "circuit breaker" mechanism; should there be evidence of large-scale flows from community bank deposits into stablecoins, federal regulators may intervene, with US Treasury Secretary Scott Bessent serving as the final deciding authority. Provisions related to the agricultural committee strengthen restrictions on vertical integration, affiliated transactions, and conflicts of interest, while explicitly stating that state consumer protection laws remain applicable.