2 weeks left for Clarity: State of Crypto

Senators released a new draft of the Digital Asset Market Clarity Act that merges previous versions and adds an ethics provision barring senior officials from issuing personal cryptocurrencies, a response to President Trump. However, the bill faces tight timing as the Senate leaves town in two weeks, and Democrats are pushing for a stronger, more binding ethics provision to target Trump's crypto profits, while Republicans oppose this. The underlying partisan divide on the ethics issue remains the biggest obstacle to passage.