President Donald Trump has agreed to tougher crypto ethics restrictions after his financial interests in the industry became a sticking point in negotiations over the Digital Asset Market Clarity Act, known as the CLARITY Act, ahead of a crucial Senate vote on Tuesday, 15 September.
The compromise would require certain covered officials and their spouses to divest significant financial interests in specified crypto-related businesses or place those holdings in a qualified blind trust. It would also give state attorneys general a role in enforcing parts of the legislation, addressing a major Democratic objection to earlier versions.
