U.S. President Trump Clears Ethics Hurdle for Crypto CLARITY Act

President Donald Trump has agreed to an ethics provision that bars senior officials from profiting from digital assets while in office, removing the last major political obstacle to the Digital Asset Market CLARITY Act. The deal, reached with White House officials and Republican senators, is being sent to Senate Republicans for inclusion in the revised bill text, which is expected within days.

The CLARITY Act aims to create a comprehensive U.S. framework for crypto markets, defining whether tokens are securities or commodities, assigning oversight to the SEC and CFTC, and introducing consumer‑protection safeguards that Coinbase has praised as giving the legislation “more teeth.” Democrats, led by Senator Elizabeth Warren, still require a review of the ethics language before offering support; the Senate needs 60 votes to invoke cloture.

Lawmakers hope to schedule a floor vote before the August recess, compressing the timeline for final negotiations. Market prediction sites estimate a 40‑60% chance of passage by early 2027, reflecting heightened optimism after the ethics agreement but acknowledging remaining partisan uncertainty.