CLARITY Act clears final hurdle as Trump agrees to crypto ethics rules

President Donald Trump has agreed to an ethics provision in the CLARITY Act, removing the final major hurdle to advancing the crypto market structure bill toward a Senate vote. The provision would restrict presidents, vice presidents, members of Congress and other federal officials from profiting from digital assets while in office.

The bill text is expected to be released in the coming days, with the Senate facing a deadline in the first week of August. If passed, the bill returns to the House before going to Trump's desk for signature.

Why it matters

The ethics language was the last unresolved political knot tying the legislation up. Members of both parties had flagged the optics of senior officials trading or holding digital assets while shaping policy that directly moves those markets, and several senators had publicly said they would not support the bill without a hard personal-disclosure and divestiture framework.

Resolving that fault line is what turns CLARITY from a stalled committee draft into a bill with a realistic floor path. For the industry, the signal is that Congress is willing to trade an ethics guardrail for jurisdictional clarity over digital asset oversight, a calculation that improves the odds of a final statute this session.

Market impact

The legislative path now has two binary near-term checkpoints: Senate text release in days and a floor vote targeted for the first week of August. A clean Senate vote keeps the bill on track for a House return and a Trump signature before the August recess window narrows.

For $BTC and $ETH, the immediate read is reduced tail risk on the US regulatory perimeter that has hung over institutional desks since 2023.