Senate crypto bill ethics plan pushes divestment but final vote unlikely before recess

A bipartisan ethics counteroffer to a major crypto bill would require President Trump and other federal officials with crypto stakes above $1 million and representing 10% or more of a firm’s value to divest (with provisions for blind trusts), plus potential enforcement by state attorneys general. White House discussions are ongoing, but Senate leaders don’t expect final passage before the August recess, as other policy fights and scheduling pressures persist.