Crypto Industry

The White House is urging Senate Democrats to accept a proposed ethics provision in the Digital Asset Market Clarity Act, describing it as historically broad. Democrats remain cautious because the details of President Donald Trump’s reported concession have not yet been shared with them.

Polymarket traders now assign the CLARITY Act a 32% chance of passing by the stated deadline, the lowest level since the market opened in January. Senate negotiations remain stuck on bipartisan ethics language, even as crypto executives press Congress for clear SEC and CFTC boundaries.

A bipartisan U.S. housing-affordability bill is set to become law at midnight, bringing with it a temporary restriction on a Federal Reserve central bank digital currency. The provision blocks a U.S. digital dollar for four years, even as the central bank had not been moving toward issuing one.

President Donald Trump defended at least $1.4 billion in crypto income reported for 2025, saying there was nothing wrong or illegal about the money. The disclosures have sharpened criticism that his family is benefiting from digital asset ventures while his administration shapes crypto policy.