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Trump Backs Revised Clarity Act as Crypto Industry Eyes Tuesday Vote

Trump backed Republicans’ revised Clarity Act, which strengthens ethics rules and concedes on DeFi and stablecoin issues. The crypto industry sees a path to passage, but support from enough Democrats for Tuesday’s vote remains uncertain.

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Trump Backs Revised Clarity Act as Crypto Industry Eyes Tuesday Vote
President Donald Trump has backed Republicans’ revised version of the Clarity Act, which includes stronger ethics rules while making concessions on unresolved issues involving decentralized finance and stablecoins. The package is being presented by Republicans as their “last, best and final offer” ahead of a vote expected Tuesday. The changes have encouraged parts of the crypto industry to believe the legislation could secure enough support to advance. However, the outcome remains uncertain because it is not clear whether enough Democrats will support the measure. The revised bill’s combination of tougher ethics provisions and compromises on DeFi and stablecoin questions represents an effort to address key points of disagreement before lawmakers vote. Market participants are watching the process for signs of progress on the legislation, though the supplied information does not indicate how the vote will proceed or what its result may be.
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