Clarity Act Latest Draft Bars Trump From Crypto Ventures—But Only Until 2029
Decrypt·
60-second summary
The Clarity Act's latest draft bars former President Trump and other officials from crypto ventures until 2029, restricting their ability to issue digital assets and shielding non-custodial developers from liability. However, the proposed ethics ban relies on the Department of Justice for enforcement, and its expiration in 2029 raises concerns about long-term regulatory clarity for the crypto market.
The long-awaited market-structure bill would block officials and their spouses from issuing digital assets and shield non-custodial developers, but the ethics ban expires in 2029 and enforcement rests solely with the DOJ.