White House silence on crypto ethics could doom CLARITY Act

The CLARITY Act, aimed at structuring America's digital asset market, faces significant delay and possible failure due to lack of White House endorsement on proposed ethics provisions restricting officials' profits from crypto ventures. The impasse risks accelerating regulatory rulemaking by the CFTC and SEC as bipartisan agreement falters ahead of a critical Senate procedural vote.

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