🚨 US legislators introduced the CLARITY Act 2023, aimed at banning the cooperation of federal officials with Chinese blockchain companies in the interests of national security.

- The ban applies to the Spartan, Conflux and Red Date Technology networks, as well as iFinex, the owner of the Tether stablecoin

- The bill was developed against the backdrop of the discovery of financial ties between Tether and Chinese companies

- The SEC is also monitoring Tether's activities in connection with allegations of hidden loans in the USDT stablecoin

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