Crypto Clarity Act still at mercy of ethics section as Democrats balk at Trump deal

CoinDesk·

Crypto Clarity Act still at mercy of ethics section as Democrats balk at Trump deal

60-second summary

The Crypto Clarity Act remains uncertain as Democrats resist a deal brokered by the White House, which has shared details of conflict-of-interest limits agreed upon with Republican negotiators. Negotiations are ongoing, with no clear resolution in sight. The delay casts a shadow over the bill's potential impact on the crypto industry, which awaits clarity on regulatory standards.

The White House has circulated some details of the conflict-of-interest limits the president agreed to with Republican negotiators, but talks are still underway.