CLARITY Act Ethics Clause Remains Deadlocked Between Republicans and Democrats Ahead of August Recess

According to Park Sang-hyuk, editor of Digital Asset, on July 22, Republicans and Democrats remain deadlocked over the CLARITY Act ethics clause, which regulates conflicts of interest involving public officials' digital asset holdings.

While Republicans have reached agreement with President Donald Trump on the ethics clause, Democratic support remains elusive. Democrats argue that state attorneys general should oversee enforcement, while Republicans insist on federal jurisdiction. Democrats hold the decisive votes—at least 10 are needed for Senate passage before the August congressional recess.