Clarity Act negotiations hinge on Trump’s agreement to divest crypto holdings

The most significant piece of crypto legislation in US history is stuck on a single question: what does the president do with his tokens? Negotiations over the Digital Asset Market Clarity Act, known as the CLARITY Act, have entered a critical phase as lawmakers attempt to thread the needle between creating a workable federal framework for digital assets and addressing the enormous conflict of interest created by Trump’s sprawling crypto business empire. The president has reportedly agreed to divest his direct crypto holdings and face Department of Justice enforcement penalties if he doesn’t comply, but the details of what “divest” actually means are where things get complicated. The $1.4 billion elephant in the room Trump’s family reported more than $1.4 billion in income from crypto ventures in 2025 alone. That figure spans World Liberty Financial, various meme coin initiatives, and other digital asset projects bearing the Trump name. The latest draft of the bill, which emerged around July 22, 2026, following meetings between Trump and Republican senators the prior week, lays out several key requirements for covered officials. The president, members of Congress, and other promine...