Trump backs ethics clause as crypto bill moves toward Senate vote

1 min read
Source: The Block
Trump backs ethics clause as crypto bill moves toward Senate vote
Photo: The Block
TL;DR Summary

President Trump has agreed to ethics language on digital-asset dealings, potentially clearing the last major hurdle for a broad crypto bill (the Clarity Act) to pass the Senate before an early-August deadline. The bill would establish a federal crypto framework and assign oversight to the SEC and CFTC. Text could be released in coming days, with negotiations focusing on how officials profit from crypto; White House adviser Patrick Witt remains in place as talks continue, and the measure would move to the House if the Senate approves before returning to Trump for final action.

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