The Crypto Conundrum: Trump's Ethics Deal May Not Be Enough The Senate's Clarity Act, a bill aimed at regulating cryptocurrencies and other digital assets, has been stuck in limbo for months.
President Donald Trump has agreed to support some new ethics restrictions as part of the legislation, but it remains unclear whether this concession will be enough to win over Democratic votes.
As the preliminary vote approaches, the bill's prospects are uncertain. The crypto industry is optimistic about the bill's chances, with Coinbase CEO Brian Armstrong expressing hope for its passage.