US Clarify Act Stalls Over Trump Ethics Clause... Struggles to Pass by Year-End

The comprehensive CLARITY Act, poised to shape the future of the U.S. cryptocurrency market, is gridlocked as Democrats and Republicans clash over an ethics clause prohibiting public officials from engaging in crypto businesses. After failed negotiations between Trump and Republicans, the proposed amendment remains unresolved, with Democrats rejecting the GOP's proposal as insufficient to address conflicts of interest and consumer protections. Market confidence has declined as bipartisan agreement appears elusive.