Crypto Clarity Act still at mercy of ethics section as Democrats balk at Trump deal
COINDESK ·
August 7 — the fast-approaching final day before the Senate's summer recess — is seen as a major deadline for finishing the Clarity Act this year. Crypto insiders are expecting the bill to get to the floor as soon as the beginning of next week, which would fit with what Senate Majority Leader John Thune had previously indicated. The legislation could require several days to get to a final vote. Earlier on Tuesday, CoinDesk had reported that a White House official said Trump agreed to "the most comprehensive and wide-ranging ethics provision in history," though the actual language he's accepted hadn't yet been shared with Democrats. As of press time, it was still unclear if Democrats had seen the exact language. Still, the administration argued that it had "bent over backward" to satisfy Democrats, suggesting it would be their fault if the legislation doesn't advance. Trump's agreement to a crypto constraint of his own business ties raises significant questions about how his involvement would be made sufficiently remote to comply with the limit. The president and his family are deeply connected to several crypto business initiatives, including their ownership stake in World Liberty Financial. While Trump has insisted he's not conflicted as his administration imposes crypto policies that affect his own businesses, Democratic lawmakers have openly accused him of corruption .
AI 시장 분석
The Crypto Clarity Act being discussed in the US Congress is facing difficulties due to Democratic opposition over Trump-related ethics clauses. As the bill's passage is delayed due to bipartisan disagreements, market expectations for regulatory clarity on virtual assets have temporarily dampened. Investors should closely monitor the possibility of future political compromise and the direction of amendments to the regulatory proposal.
하락 영향
- Bitcoin — The delay in processing legislation containing regulatory clarity due to political disagreements is expanding short-term market uncertainty and dampening investment sentiment.
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