Clarity Act: President Trump Agrees to Ethics Provisions in Crypto Bill

HIGHLIGHTS President Donald Trump agrees to ethics provisions in Clarity Act. The revised bill text will be released and send to Democrats soon. Senate has until first week of August to vote and pass the crypto bill. Odds of Clarity Act signed into law jump to 44%. US President Donald Trump has agreed to an ethics provision in the Clarity Act, removing the major hurdle to advancing the crypto market structure bill toward a Senate vote.

The provision would restrict presidents, vice presidents, members of Congress and other federal officials from profiting from digital assets while in office.
Clarity Act Advances to Senate Vote as Trump Agrees to Ethics Package
The White House, Senator Cynthia Lummis, and Bernie Moreno reached an agreement on the ethics provision in the Clarity Act, according to Punchbowl News. The legislative language was sent to certain Senate Republicans, but the details of the agreement are still elusive.

Industry sources indicated that after months of negotiations, all parties reached a consensus on the relevant ethics terms, with Trump approving the proposal late Monday. Notably, Trump met with Senators to discuss the Clarity Act’s ethics provisions last week.

Ethics concerns are viewed as the last major barrier to passing the crypto bill. President Trump agreeing to the ethics package has cleared a key hurdle for the Clarity Act to move toward a Senate vote.

The Clarity Act introduces federal-level regulation for the crypto industry for the first time, while clarifying the jurisdictional boundaries between the SEC and the CFTC. While Democrats are yet to see the text, the revised bill text is expected to be released in the coming days.
Passing Odds Jump As Crypto Bill Advances to Senate Vote
The full Senate must complete its negotiations on revised text and vote before the August recess. While there remains uncertainty around the timing, Blockchain Association CEO Summer Mersinger predicted that the Clarity Act floor vote could happen this week.

Ripple CLO Stuart Alderoty urged lawmakers to support the Clarity Act, warning that voting against the crypto bill would allow bad actors to exploit gaps. Coinbase Vice Chair Ryan VanGrack said it will create the first comprehensive US federal crypto framework, strengthen consumer protections, close the FTX loophole and add insider trading safeguards.

If passed, the crypto bill will return to the House of Representatives for review before moving to the President for signature.

The Polymarket prediction market shows that odds of Clarity Act signed into law in 2026 jumped to around 44% as Trump agreed to the ethics provisions.

The crypto market structure bill already faced many delays amid negotiations over ethics rules and a tight legislative timeline ahead of the August recess.

To track these real-time political and legislative probabilities on-chain, investors utilize the best crypto prediction markets to hedge regulatory exposure.