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The White House has agreed to incorporate ethics provisions in the CLARITY Act targeting Donald Trump, with the U.S. Department of Justice now responsible for enforcement rather than state attorneys general. This agreement marks a significant step in resolving prior conflicts related to Trump’s extensive crypto holdings, which had previously stalled the bill. As the CLARITY Act, aimed at providing clear regulatory guidelines for the crypto market, progresses, it now awaits a full Senate vote before the August recess. This development suggests a potential path forward for the legislation, which has seen increased market optimism about its passage.
The CLARITY Act, which has already gained approval from the House and the Senate Banking Committee, is considered the most advanced legislative effort to establish a structured framework for digital assets in the U.S. The agreement on ethics language not only addresses White House concerns but also enhances the likelihood of the Act reaching a Senate floor vote. Markets have responded to this news with increased activity, reflecting optimism about the Act’s potential passage into law.
The agreement has impacted market pricing, with the probability of the CLARITY Act being signed into law in 2026 rising to 42%, up from 37% a day earlier. This shift suggests that market participants view the White House’s endorsement and the removal of the ethics hurdle as consistent with YES outcome support.
