U.S. President Donald Trump, Senator Cynthia Lummis, Bernie Moreno, and White House crypto advisor Patrick Witt held talks on July 16 regarding the crypto ethics provisions in the CLARITY Act. According to insiders, Trump did not agree to any specific provisions, and the meeting failed to reach a consensus on acceptable restrictions. Other sources claim progress was made in the negotiations, but this has yet to be confirmed. The proposed provisions aim to restrict the ability of the President, Vice President, members of Congress, and other federal officials to profit from digital assets while in office. The controversy involves the Trump Meme Coin and his family’s project, World Liberty Financial. Since the ethics provisions are considered key to securing enough Senate support for the bill, the text may remain stalled until a compromise is reached. The Senate will enter its state work period on August 10, leaving limited time to advance the bill before the summer recess. (The Block) https://(wublock123.com)/news/trump-refuses-crypto-ethics-clarity-bill-stalemate-64967