Senate crypto bill stalls over ethics provision

4 min read

Lawmakers are close to a merged draft of the Digital Asset Market Clarity Act, but the package is stalled in the full Senate because Democrats demand ethics limits that would bar senior officials, including the president, from business ties to the crypto sector. The bill, which would split oversight between the CFTC and the SEC and give firms clearer legal status, passed the House in 2025 and cleared the Senate Banking Committee. Negotiations have faltered over enforcement fixes and White House signoff, while a new 70-plus-page draft could be released soon with greater consumer protections ahead of a tight legislative calendar.

Ethics limits are blocking progress on US crypto regulation.