The CLARITY Act, one of the most important crypto regulation bills in the United States, may have moved one step closer to becoming law. According to recent reports, U.S. President Donald Trump has accepted a proposed ethics framework related to the bill, helping ease one of the biggest disagreements during Senate negotiations.
However, the agreement has not been officially confirmed, and the full details have not yet been released.
Trump Reportedly Accepts Ethics Proposal
Several media reports claim that Trump has agreed to an ethics framework connected to the CLARITY Act. The reported agreement could remove a major political obstacle that has slowed progress in the Senate.
At the moment, neither the White House nor lawmakers have published the official text. Because of this, the agreement should be viewed as a reported understanding rather than a finalized part of the legislation.
Why the Ethics Debate Matters
One of the biggest debates surrounding the CLARITY Act has been how to prevent government officials from personally benefiting from crypto-related decisions.
Lawmakers have been discussing rules that could apply to:
The President and Vice PresidentMembers of CongressSenior federal officials
The goal is to reduce conflicts of interest while creating new regulations for the crypto industry.
Since the proposed language has not been released, several important questions remain unanswered. It is still unclear whether the rules would apply to family members, existing crypto holdings, new token launches, promotional activities, investment trusts, or licensing income.
It is also unknown who would enforce these rules or what penalties would apply if violations occur.
Democrats Raise Concerns
The ethics discussion became more active after Democrats pointed to Trump's recent financial disclosures.
According to Democratic lawmakers, the Trump family's crypto-related businesses reportedly generated around $1.4 billion in income during 2025. They argue that officials involved in creating crypto regulations should not benefit financially from those same policies.
Trump has rejected those concerns. He has stated that his children manage the family's businesses and that there is nothing illegal about the income.
The White House has also previously said that Trump is not involved in the day-to-day management of his companies, although critics argue that financial interests may still remain.
Where the CLARITY Act Stands
The CLARITY Act has already made significant progress through Congress.
The House of Representatives approved the bill in July 2025 with strong bipartisan support.
In May 2026, the Senate Banking Committee also advanced its version of the legislation.
The bill is designed to create clearer rules for the U.S. crypto industry by defining the responsibilities of major regulators, including the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). It also aims to establish a clearer regulatory framework for crypto exchanges, trading platforms, and other digital asset businesses.
Despite this progress, no official Senate floor vote has been scheduled.
With Congress beginning its August recess soon, lawmakers have only a limited amount of time if they hope to pass the bill before the break.
What Happens Next?
The next major step is the release of the updated legislative text.
Once published, lawmakers and the public will be able to review the proposed ethics rules and determine whether enough political support exists to move the bill forward.
If the Senate approves a version that differs from the one already passed by the House, both chambers must negotiate and approve identical legislation before it can be sent to the President for final approval.
Final Thoughts
The reported ethics agreement could improve the chances of the CLARITY Act becoming law, but the legislative process is far from complete.
Many details remain unknown, including the exact ethics provisions and whether both political parties will fully support the final bill.
For now, the reported agreement should be viewed as a positive development rather than confirmation that the CLARITY Act has cleared its final hurdle. If approved, the legislation could become one of the most significant crypto regulatory frameworks in U.S. history, providing clearer rules for the digital asset industry while shaping how crypto businesses operate in the years ahead.
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