Trump backs ethics provision in crypto bill
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- Trump agreed to an ethics provision in the crypto market structure bill as it inched closer to a Senate vote
- Bitcoin rallied after Bessent said the Clarity Act was at the '1-yard line' of passage
- The Clarity Act is framed by The Hill as giving law enforcement new tools to police decentralized finance
Why it matters: Trump's ethics concession removes a stated obstacle to the bill, and Bessent's '1-yard line' framing signals passage is imminent — Bitcoin's rally reflects markets pricing in the legislation's enactment.
