CoinDesk·3 min read·hard

Crypto Clarity Act still at mercy of ethics section as Democrats balk at Trump deal

J
Jesse Hamilton
Crypto Clarity Act still at mercy of ethics section as Democrats balk at Trump deal
AI Summary

The Digital Asset Market Clarity Act faces a legislative impasse over which government entity should enforce ethics restrictions on federal officials. Democrats and Republicans are currently debating whether state attorneys general or the U.S. attorney general should hold this authority.

The deepest current point of disagreement is who will enforce the ban, according to people familiar with a crypto industry briefing delivered Tuesday from a White House official. The industry insiders were told that the Democrats have held tight to their preference that state attorneys general be able to enforce the ethics restrictions on federal officials, while the White House and Republicans behind the bill are insisting on the U.S. attorney general as the top authority.

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