Could New Crypto Legislation Threaten Trump's Profits? The latest draft of the Clarity Act, a cryptocurrency regulation bill championed by President Donald Trump, has ignited fierce debate on Capitol Hill.
Democrats are pushing back against what they see as an attempt to protect Trump's lucrative crypto interests, amid claims that the measure would shield public officials from accountability.
Critics argue that the revised legislation's temporary ban on public officials issuing or sponsoring digital assets until 2029 is motivated by a desire to protect Trump's estimated $1.