In brief
- Caitlin Long says Trump-linked crypto activity has made passing the Clarity Act harder.
- She says the bill’s chances are a “coin flip” in the Senate.
- Without legislation, Long says crypto regulation could be reversed by future administrations.
If Congress fails to pass the CLAIRITY Act, Custodia Bank CEO Caitlin Long says controversy tied to President Donald Trump’s family will share part of the blame.
Speaking at ETH Denver on Wednesday, Long said Trump-associated meme coins and other crypto ventures, including World Liberty Financial, have made it more difficult to secure bipartisan backing for the bill, which would define how digital assets are regulated in the U.S. and clarify the roles of federal agencies.
“It…
