Clarity Act Stalls on Ethics Rules for Public Officials

The Clarity Act, a market-structure bill aimed at redefining digital asset regulation in the US, has hit a snag over ethics rules for public officials.

Democrats are pushing to block public officials from participating in crypto business activities, citing concerns that President Trump's involvement in major crypto ventures could lead to conflicts of interest.

The White House said Trump had accepted 'the most comprehensive ethics provision in history,' but Democrats remain unconvinced and negotiations continue.

An analyst at Presto Research puts the odds of the Clarity Act passing this year at 47%, which could be a positive catalyst for Bitcoin and other digital assets by easing regulatory uncertainty.