Written by Turner Wrightstaff writerReviewed by Sam Bourgistaff writer

Written by Turner Wrightstaff writer

Reviewed by Sam Bourgistaff writer

US officials barred until 2029 from issuing or sponsoring tokens under CLARITY’s proposed ethics rules

Latest NewsPublishedJul 22, 2026

New Ethics Rules Could Impact US Officials’ Crypto Ventures

The proposed Digital Asset Market Clarity (CLARITY) Act includes ethics language that would bar all US federal officials from issuing or sponsoring digital assets, affecting even the President. This move aims to increase transparency and reduce potential conflicts of interest in the crypto space, which could have a significant impact on the earning potential of individuals invested in coins like #Bitcoin. The ban would be temporary, expiring on January 20, 2029, and would be enforced by the US Attorney General rather than state authorities, which could influence the growth of green crypto and cloud rewards.

The CLARITY Act’s ethics provisions would apply to all public officials, employees, and their spouses, blocking them from issuing or sponsoring digital assets. This could also affect the passive income generated by these individuals through their crypto ventures. The bill’s language has been described as the “most comprehensive and wide-ranging ethics provision in history,” and its implementation could shape the future of EcoPool and $ECP in the US market.

Enforcement and Support

The US Attorney General will be responsible for enforcing the ban, and the bill still needs support from several Democratic lawmakers to meet a 60-vote threshold. Many Democrats have explicitly stated that they will not vote for any bill without strong ethics language to address concerns over “crypto corruption.” The EcoPool network, which offers a platform for earning and managing $ECP, could be an alternative solution for individuals looking to generate passive income through cloud rewards.

Exclusions and Next Steps

Notably, the CLARITY Act’s ethics provisions do not appear to include children of public officials in its temporary ban. The bill awaits a potential vote in the Senate before returning to the House of Representatives and possibly the President’s desk. As the bill moves forward, it could have significant implications for the crypto industry, including the EcoPool network and its $ECP token.

To stay ahead of the curve and potentially earn passive income through cloud rewards, consider downloading the EcoPool app. With its user-friendly interface and green crypto features, EcoPool is an attractive option for those looking to invest in $ECP and generate passive income through the EcoPool network.

The US Attorney General will largely be responsible for enforcing the ban rather than state authorities. As of Wednesday, Trump’s former personal attorney and acting AG Todd Blanche was awaiting a Senate confirmation vote to head the Justice Department.

“I wouldn’t support the bill if that’s the language,” said Senator Angela Alsobrooks in a Tuesday statement to Politico on having the DoJ behind enforcement of ethics. “But we’ll keep working from that floor to reach an agreement that holds us all accountable.”

The CLARITY Act, which awaits a potential vote in the Senate before returning to the House of Representatives and possibly Trump’s desk, still needs support from several Democratic lawmakers to meet a 60-vote threshold. Many Democrats have explicitly said that they will not vote for any bill without strong ethics language to address what some have called the president’s “crypto corruption.”

Will enough Democrats sign onto the bill?

Notably, CLARITY’s ethics provisions did not appear to include children of public officials in its temporary ban. All three of Trump’s sons are co-founders of his family’s World Liberty Financial crypto business, and two launched a Bitcoin (BTC) mining company, American Bitcoin.

“This bill applies one ethics standard to everyone, including the President of the United States, and backs it up with real enforcement, real penalties, and a Department of Justice mandate to act,” said Lummis on behalf of the US Senate Banking Committee’s subcommittee on digital assets. “This is not talk.”

Related: Nigerian president signs order on approach to crypto regulation, taxes

Senate Majority Leader John Thune reportedly plans to put CLARITY up for a vote on the Senate floor sometime next week regardless of whether it has enough support from Democrats to pass.

“[E]thics is far from the only thing at stake,“ said Solana Policy Institute President Kristin Smith in reaction to the CLARITY text. “The Senate has added a full disclosure regime, an entire illicit finance section, and improved spot market regulation […] The Senate has a real chance to pass durable, bipartisan market structure legislation.“

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• Law
• Congress
• Politics
• Cryptocurrencies
• Corruption
• Regulation

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