CLARITY Bill Has Only 10-20% Chance of Passing, GOP and Democrats Divided on Ethics Clauses, Says Jiangzhuoer on July 24

According to BlockBeats reporting on Jiangzhuoer's statements (July 24), the founder of Litbit Mining Pool (B.TOP) estimates the CLARITY bill has only a 10-20% probability of passing due to major disagreements over ethics clauses. Trump's proposal limits participation in crypto asset issuance to the president and spouse, while Democrats seek to include other family members and family entities. On enforcement, Trump backs the U.S. Department of Justice handling violations, but Democrats demand concurrent state attorney general authority, citing potential conflicts of interest.

With Congress set to adjourn August 7 and approximately 10 working days remaining, bridging significant gaps appears difficult. The September 14-October 5 reconvene period overlaps with midterm elections and budget negotiations, further reducing political momentum for Democrats to push the bill through.