Negotiations over the CLARITY Act have entered a critical phase as lawmakers attempt to create a federal framework for digital assets while addressing the conflict of interest created by Trump’s $1.4 billion crypto empire. The president has reportedly agreed to divest his direct crypto holdings and face Department of Justice penalties if he doesn’t comply. Democrats and watchdog organizations argue the current language is riddled with loopholes, particularly regarding revenue-sharing arrangements and licensing deals that could continue generating income without technically violating the divestment mandate. Polymarket odds of passage rose by 11 points following reports of the ethics agreement.
Source: Read the original article
