The CLARITY Act has the votes and the momentum to become law, having cleared the House and a key Senate committee. It is stuck anyway. The deepest reason is not crypto skepticism but a fight over the president’s own crypto empire, estimated in the billions, and whether the rules should restrain it.
Summary
- The CLARITY Act, the U.S. crypto market-structure bill, has cleared the House and the Senate Banking Committee and reached the Senate calendar, yet it remains stuck.
- The deepest obstacle is not crypto skepticism but an ethics fight over President Trump’s family crypto interests, estimated at roughly $2.3 billion or more, spanning World Liberty Financial, the USD1 stablecoin,…
