The agreement removes a key obstacle for the crypto market structure bill ahead of an August Senate deadline.
US President Donald Trump has agreed to an ethics provision in the CLARITY Act, eliminating a major hurdle for the crypto market structure bill. The clause bars presidents, vice presidents, members of Congress, and federal officials from profiting from digital assets while in office.
The bill is expected to advance to a Senate vote in early August, with text set for release in the coming days. If passed, it will return to the House before Trump’s final approval. The provision addresses concerns over conflicts of interest in crypto regulation.
The move accelerates legislative progress on crypto market oversight, a priority for lawmakers ahead of the August recess.