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Crypto

U.S. Democrats signal scrutiny of Trump\'s crypto business, adding uncertainty to Clarity bill

If U.S. Democrats win a House majority in November\'s midterm elections, opening investigations into President Donald Trump\'s finances and cryptocurrency business could become Congress\' top priority, raising the risk that the market-structure Clarity bill remains stalled. Democrats are tying support for the bill to addressing potential conflicts of interest involving the Trump family\'s crypto ventures. Republican delays on subpoenas and hearings could be reversed if control shifts, while Senate action on the bill has been pushed back.

Crypto

U.S. Senate Democrats seek new anti-corruption agency targeting Trump; impact on Clarity Act in focus

U.S. Senate Democratic leaders introduced legislation to create a federal agency dedicated to investigating, enforcing and preventing executive-branch corruption, targeting President Donald Trump\'s crypto-related income and family-linked business ties. The bill would consolidate functions of the Federal Election Commission, Office of Government Ethics and Office of Special Counsel. The push intersects with Democratic concerns over the digital asset market structure bill known as the Clarity Act, as senators weigh unresolved conflict-of-interest issues.

Crypto

Crypto markets rebound after White House reaches deal on CLARITY bill ethics provision

Cryptocurrency prices rose after expectations grew that the U.S. Senate could resume work on the CLARITY bill, a digital asset market structure measure. Reports said the White House agreed on an ethics package including a conflict-of-interest provision and shared language with some Republican senators, though details were not disclosed. Bitcoin and other tokens climbed. Market participants are watching the final ethics text and whether Democrats back the bill before an August recess.