Thanks for the feedback! The ability to edit HTML and CSS does not yet exist in the beta editor, nor does an explicit "clear styles" option for text editing or the ability to turn off tracking on links.
The beta editor does automatically clear (problematic) styles when pasting in content. If you encounter any issues with pasting in content, please respond with more information about the issues you're having. It would be greatly appreciated.
As for styling links, you should be able to highlight and style links in the same way that you would regular text (i.e. select a new font, change the font color, etc).
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