Trump backs crypto ethics limits, putting CLARITY Act decision in Democrats’ hands

Kwon Crash

Published Jul 21, 2026, 10:00 PM UTC

Source: CryptoSource
- Trump finally agreed to ethics limits on the CLARITY Act, shifting the burden to Senate Democrats. He accepted what Sen. Moreno calls “aggressive” language, likely because his family’s $1.4B crypto income was becoming a political liability rather than a clean asset. It’s a classic meat wallet move: pretend to care about regulation while ensuring the rules don’t actually bite your own tail. The House already passed their version, but without 60 Senate votes, this bill is currently just a hash manifest with no proof of delivery. Democrats still need to verify if these restrictions are real or just another PoD seal for bureaucratic theater. If they don’t close the gap soon, we’re all stuck in a relay window of legislative gridlock until the midterms scramble the schedule.