Trump accepts key ethics restriction on massive crypto bill

President Trump accepted an ethics concession for the Clarity Act, a major cryptocurrency regulation bill, enabling state attorneys general to enforce the law and requiring officials with significant crypto financial interests to divest or use blind trusts. This deal aims to overcome Senate Democrat objections tied to concerns about potential conflicts of interest and paves the way for the bill's Senate vote in the limited Congressional session before the midterms.

This Wire brief sits within Fusion42's coverage of Fintech.