PANews
PANews|7月 31, 2026 14:30
[Senator Cynthia Lummis: CLARITY Act's requirement for the President to sell digital assets or transfer them to a blind trust becomes a key point of negotiation] U.S. Senator Cynthia Lummis posted that the current version of the crypto market structure bill requires President Trump to sell his digital assets or transfer them to a blind trust, becoming one of the key points of negotiation. Several Democratic lawmakers are concerned that the bill could weaken their narrative of attacking Trump for 'crypto corruption' during the midterm elections, thus adopting a cautious stance on advancing the legislation. Supporters emphasize that the bill also covers ethical standards for the President, Vice President, members of Congress, and the federal judiciary, and will provide a clearer regulatory and protection framework for investors in cases of crypto trading platform bankruptcies.
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