Trump agrees to new bipartisan ethics provision in massive crypto bill, GOP aide says
President Donald Trump has agreed to new bipartisan ethics provisions in a massive crypto bill, according to a GOP aide. The provision aims to bar public officials from issuing or sponsoring digital assets. The development comes after the Clarity Act, which aimed to establish a regulatory framework for cryptocurrency, failed to pass in the Senate.
Listen to Live Briefing
Real-time synthesized voice briefing · Live Feeds Desk
- ✓ The White House agreed to new ethics language in the Digital Asset Market Clarity Act.
- ✓ The provision bars public officials from issuing or sponsoring digital assets.
- ✓ The ethics provision can be enforced by both state attorneys general and the Department of Justice.
- ✓ The CLARITY Act failed in the Senate with a vote of 49 to 50.
What changed
President Trump agreed to new ethics concessions during CLARITY Act talks, which was a condition for Democratic support.
Live updates
-
Trump agrees to bipartisan ethics provision in crypto bill
President Donald Trump has agreed to new bipartisan ethics provisions in a massive crypto bill, according to a GOP aide. The provision aims to bar public officials from issuing or sponsoring digital assets. The development comes after the Clarity Act, which aimed to establish a regulatory framework for cryptocurrency, failed to pass in the Senate.
Why it matters
The failure of the Clarity Act marks a setback for the crypto industry's primary legislative objective for 2026. The bill's demise is attributed to disputes over stablecoins, DeFi, and enforcement. The crypto industry has been operating under regulatory uncertainty due to the lack of a clear legal framework.
What is confirmed
- The White House agreed to new ethics language in the Digital Asset Market Clarity Act.
- The provision bars public officials from issuing or sponsoring digital assets.
- The ethics provision can be enforced by both state attorneys general and the Department of Justice.
- The CLARITY Act failed in the Senate with a vote of 49 to 50.
Still unconfirmed
- The Stop TRUMP Crypto Act proposes strict bans on digital asset ownership and trading by top U.S. officials.
What to watch next
- The CFTC's next moves on crypto rules
- The Senate's future actions on crypto legislation
- The impact of the failed Clarity Act on the crypto industry
confidence 75%Sources used for this update (14)
- www.coindesk.com — How months of work on the Clarity Act all fell apart
- www.whitehouse.gov — President Donald J. Trump - The White House
- congress.net — White House Backs Sweeping Ethics Language In Crypto Clarity ...
- en.cryptonomist.ch — Stop TRUMP Crypto Act: U.S. Bill Restricts Officials' Digital ...
- coincodex.com — Trump Agreed to Crypto Ethics Limits Before CLARITY Act ...
- en.wikipedia.org — Donald Trump - Wikipedia
- www.whitehouse.gov — Trump TV – The White House
- www.cnn.com — Donald J. Trump news | CNN Politics
- cryptobriefing.com — Trump's influence cited in CLARITY Act's Senate failure, says ...
- www.wionews.com — US passes crypto regulation bills: What does it mean for the ...
- finance.yahoo.com — Morning Minute: Selig Says ‘It’s Go Time’ for CFTC Crypto Rules
- time.com — Fact-Checking What Donald Trump Said in His 2026 Interview ...
-
Senate Democrats block cryptocurrency regulatory framework
Senate Democrats blocked legislation to establish a new regulatory framework for cryptocurrency, halting the progress of the Clarity Act. This failure follows a series of industry wins in 2025. The block comes despite previous agreements by President Donald Trump and the White House to include bipartisan ethics provisions intended to secure Democratic support. The industry's primary legislative objective for 2026 has now failed to pass.
Why it matters
The Clarity Act aimed to create a sweeping legal structure for digital assets. The bill faced scrutiny over President Trump's personal investments in the sector. Treasury Secretary Bessent had previously warned about the volatility of the pending vote.
What is confirmed
- Senate Democrats blocked legislation to create a new regulatory framework for cryptocurrency.
Still unconfirmed
- Trump's crypto winnings undermined the industry's push for looser regulation.
What to watch next
- Potential revised ethics proposals to attract Democratic votes
- Further legislative attempts to regulate digital assets in 2026
confidence 100%Sources used for this update (2)
- www.wmur.com — Senate blocks cryptocurrency regulation as Democrats push back on Trump investments
- theconversation.com — How Trump’s crypto winnings undermined the industry’s push for looser regulation
-
Trump accepts ethics provisions for Senate crypto bill
President Donald Trump and the White House have agreed to new bipartisan ethics requirements to secure passage of the Clarity Act. GOP lawmakers are using these concessions to attract Democratic votes for the sweeping cryptocurrency legislation. Despite the agreement, the bill's fate remains uncertain as the Senate prepares for a vote this week. Meanwhile, crypto firms and banks have launched lobbying efforts in senators' home states, and Treasury Secretary Bessent has issued a warning regarding the pending vote.
Why it matters
The Clarity Act aims to establish a regulatory framework for cryptocurrency assets. Community banks have expressed concern that stablecoins offering higher yields could trigger a mass withdrawal of customer deposits.
What is confirmed
- President Donald Trump agreed to new ethics provisions for a cryptocurrency bill.
- The White House accepted new ethics language in the crypto legislation.
- The Senate is scheduled to vote on the Clarity Act this week.
Still unconfirmed
- Community banks fear customers will withdraw deposits to buy stablecoin crypto assets that could pay higher yields.
- Treasury Secretary Bessent issued a stern warning ahead of the Senate vote.
- Crypto and banking interests are lobbying senators in their home states.
What to watch next
- The outcome of the Senate vote on the Clarity Act this week.
- Details of the specific ethics provisions agreed upon by the White House.
confidence 90%Sources used for this update (9)
- Reuters — Crypto, banks take lobbying war to US senators' home states ahead of key vote
- AP News — Trump agrees to new bipartisan ethics provision in massive crypto bill, GOP aide says
- thehill.com — White House agrees to new ethics language in crypto bill
- Punchbowl News — Uncertainty over the Senate’s Clarity Act vote this week
- CoinDesk — Crypto's Clarity Act is a Schrödinger's cat in life-death limbo as U.S. Senate returns
- AP News — Trump agreed to new ethics rules to get a crypto bill across the line. But that might not be enough
- Yahoo Finance Australia — Treasury Secretary Bessent issues stern warning ahead of Senate vote
- www.cnbc.com — Trump agrees to ethics requirements in crypto Clarity Act as GOP seeks Democratic votes
- www.mercurynews.com — Trump agreed to new ethics rules to get a crypto bill across the line. But that might not be enough
Community Sentiment: How do you assess this situation?
Voice your perspective · Real-time aggregated sentiment from the Live Feeds community