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Clarity Act Mired In Debate Over Whether to Bar President From Selling Crypto

NYT > Business·July 23, 2026
Clarity Act Mired In Debate Over Whether to Bar President From Selling Crypto

Lawmakers are debating the Clarity Act, a significant bill backed by the crypto industry, as it nears a Senate vote. The main point of contention is a provision that would bar the president from selling cryptocurrency. Democrats and Republicans are at odds over this issue, hindering the bill's progress. The Clarity Act's fate remains uncertain as negotiations between the two parties continue.

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