Trump Agrees to New Ethical Rules to Pass US Crypto Bill - Fintech World

US President Donald Trump has agreed to a number of stricter ethical rules as part of efforts to gain political support for the crypto bill currently under important discussion in the US Senate.

The agreement relates to the Digital Asset Market Clarity Act or Clarity Act, a draft law aimed at providing a clearer regulatory framework for the digital asset industry in the United States.

Changes to ethical rules have become one of the main demands of lawmakers, particularly regarding potential conflicts of interest due to Trump and his family's involvement in the crypto business.

Table of Contents

• Trump Approves Stricter Ethical Rules
• US Crypto Bill Faces Political Debate
• Trump and Crypto Business Under Spotlight
• Crypto Bill Aimed at Providing Regulatory Certainty
• Different from the GENIUS Act
• What is the Impact on the Crypto Industry?
• Conclusion

Trump Approves Stricter Ethical Rules

In the latest negotiations, Trump is reported to have agreed to about 80% of the ethical rule proposals put forward by Republican Senator Thom Tillis and Democratic Senator Ruben Gallego.

One provision of concern is the restriction on federal officials in issuing digital assets.

The rules may also require officials with a certain amount of crypto assets to divest or place those assets in a blind trust, so that investment decisions are not under the direct control of the officials involved.

This provision is important because Trump and his family have significant involvement in the crypto industry.

Trump has also been known to actively support the development of digital assets in the US and promote policies that are more friendly to the crypto industry.

US Crypto Bill Faces Political Debate

The Clarity Act is designed to provide certainty regarding how digital assets are classified and which agencies have the authority to oversee them.

One of the main objectives of the bill is to clarify the division of authority between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).

The crypto industry believes that regulatory clarity is necessary to reduce legal uncertainty while also encouraging investment and innovation in the United States.

However, the process of its approval is not easy.

Several Democratic members are calling for stronger conflict of interest rules before supporting the bill. The debate also includes consumer protection, anti-money laundering rules, and the impact of the crypto industry on the banking sector.

Trump and Crypto Business Under Spotlight

Trump's involvement in the crypto industry is one of the reasons why ethical rules are receiving significant attention.

Trump and his family have various business interests in the digital asset sector. This situation raises concerns about potential conflicts of interest if the government implements policies that directly affect the industry in which they have financial interests.

According to an Associated Press report, Trump has agreed to most of the compromise proposals regarding the ethical rules in order to gain the support needed to advance the crypto bill.

In addition to restrictions on ownership and issuance of digital assets, the latest changes also grant certain law enforcement powers to state attorneys general.

These powers allow state attorneys general to take action against crypto exchanges offering digital assets that are prohibited under the new rules.

Crypto Bill Aimed at Providing Regulatory Certainty

One of the main issues facing the US crypto industry in recent years has been the lack of clarity regarding the classification of digital assets.

Crypto companies need certainty regarding whether an asset falls into the category of securities, commodities, or other categories.

The Clarity Act is expected to provide clearer boundaries of authority between the SEC and CFTC.

For the industry, this certainty can help companies determine their legal obligations before offering digital asset products or services to the public.

Previously, the Trump administration had also taken several steps to create a more supportive regulatory environment for the crypto industry. However, without comprehensive legislation, some of these policies remain subject to change when administrations shift.

It is important to distinguish between the Clarity Act and the GENIUS Act.

The GENIUS Act is a law that specifically regulates payment stablecoins in the United States. President Trump signed this law in July 2025.

Meanwhile, the Clarity Act has a broader scope as it aims to build a regulatory framework for the entire digital asset market, including clarifying the authority of regulators.

Thus, the success of the Clarity Act will be an important next step in the Trump administration's crypto regulatory agenda.

What Does It Mean for the Crypto Industry?

If passed, clearer regulations could provide legal certainty for crypto companies, investors, and financial institutions.

For the industry, clarity regarding regulators and the legal status of digital assets can reduce the risk of companies facing different interpretations of rules.

On the other hand, stricter ethical rules could increase oversight of public officials with financial interests in the crypto sector.

For the market, this development is also a concern as U.S. regulations could influence investor sentiment towards Bitcoin and other crypto assets.

Donald Trump's agreement on new ethical rules is a crucial part of the effort to push for the passage of the Clarity Act, one of the largest crypto bills currently being discussed in the United States.

Trump agreed to most of the compromise proposals, which include restrictions on the issuance of digital assets by certain officials and the potential obligation for divestment or the use of blind trusts for officials with significant crypto interests.

The bill itself aims to create regulatory certainty for the digital asset industry while clarifying the division of authority between the SEC and CFTC.

However, the journey of the Clarity Act still faces political debate and cannot yet be considered a law in effect.

If ultimately passed, this regulation could become a significant milestone in the development of the crypto industry in the United States and potentially influence global digital asset market sentiment.