Hopes for Key Crypto Bill Fade Amid Delays, Trump Ethics Controversy The crypto industry's hopes for a clear regulatory framework have hit another snag due to the tangled web of politics and ethics surrounding President Donald Trump's crypto dealings.
For nearly two years, lawmakers on both sides of the aisle had been working towards a compromise bill known as the CLARITY Act.
However, Senate Majority Leader John Thune's unexpected statement that he doesn't expect the bill to pass before recess has sparked pessimism among industry insiders.